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Business

Investors cut ties with GTBank, others amid CBN’s N1m sanctions threat

Investors are cutting ties with Access Bank, Guaranty Trust Holding Company (GTCO) and other firms in the Nigerian banking industry amid the threat of...

Business

GTBank settles with UK Financial Conduct Authority

The Bank has agreed a penalty sum of £7.67 million, which has been calculated by reference to a proportion of the revenues of GTBank...

Business

Again, UK fines GTBank for money laundering, lender to pay £7.6m

The Financial Conduct Authority (FCA) a financial watchdog has penalized the UK unit of Nigeria’s Guaranty Trust Bank £7.6 million ($9.3 million) for money laundering. RipplesNigeria...

Business

GTBank joins Standard Chartered, others to suspend foreign transactions on naira Mastercard

International transactions on Guaranty Trust Bank (GTBank) naira Mastercard have been suspended by the financial institution indicating banks are still struggling with foreign exchange...

Business

GTBank stops int’l transactions on naira cards Dec 31

The bank which said this in a statement to its customers on Thursday, noted that customers will be unable to make international automated teller...

Business

‘We’ve Not Fulfilled Our Promise’, GT Bank Apologises To Customers After Backlash For Poor Services

Guarantee Trust Bank has admitted wrongdoing for erroneous debits in customers’ accounts.The tier-one bank admitted that it has not measured up on its promises...

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