Guaranty Trust Bank plc (GTBank) has been adjudged the “2014 African Bank of the Year” for the 2nd consecutive time by African Banker Magazine in an announcement made on Wednesday, 21st May, 2014 at the awards ceremony that held at Kigali Serena Hotel, Rwanda.
A statement by the bank on Friday said the African Banker Award was held to recognise the achievements of the financial services industry in Africa.
It recognises individuals and financial institutions contributing to the development and growth of Africa’s banking industry and changing perceptions of the continent’s domestic and international markets, according to the statement.
It quoted the panel of judges as saying that the award recognised financial institutions that were industry leaders and consistently reported strong financial performance as well as significantly contributed to the quality of service offered by the financial services industry within their country and across the continent.
It quoted the Publisher, African Banker magazine, Mr. Omar Yedder, as saying, “There is no room for complacency because there is much room for growth and development to achieve the transformation we all desire and work towards.”
The Managing Director, GTBank Kenya, Mr. Kunle Sonola, who received the award on behalf of the bank, said, “GTBank Plc is honoured to win this highly coveted award.
“It is also a challenge and a call to do more to project the global relevance of the African banking industry.”