Shareholders of Guaranty Trust Bank Plc on Tuesday commended the performance of the bank despite the challenging environment. The shareholders also approved the N1.75 dividend per share recommended for the year ended December 31, 2014.

Some of the shareholders, who spoke at the 25thannual general meeting (AGM) of GTBank in Lagos included the National Coordinator, Independent Shareholders Association of Nigeria (ISAN), Sir Sunny Nwosu and President, Nigeria Shareholders Solidarity Association (NSSA), Chief Timothy Adesiyan.

They encouraged the management of the bank to maintain its adherence to good corporate governance that partly led to the impressive 2014 results.

Speaking on the performance, Mr. Gilbert Imomoh stated that profit before tax increased from N107.09billion in 2013 to N116.39 billion in 2014, while total assets stood at N2.36trillion, representing a 12 per cent increase over the N2.1trillion recorded in the previous year.

He explained that GTBank’s customer’s deposits, which could be viewed as a direct index of public confidence grew by 13.3 per cent from N1.43 trillion in 2013 to N1.62trillion in 2014.

Speaking on value creation for shareholders, the Managing Director/CEO of GTBant, Mr. Segun Agbaje explained, “We recorded earnings per share of N3.47, pre-tax return on average equity (ROAE) of 32.94 per cent and return on average asset (ROAA) of 5.22 per cent respectively. He added that loans and advances grew by 27.12 per cent to N1.28trillion from N1.01trillion in the previous year.

Meanwhile, Mrs. Osaretin Demuren has been appointed as the new chairman of GTBank following the retirement Imomoh.
Demuren, who joined the board of GTBank in 2013, had a successful career with the Central Bank of Nigeria, which spanned over 33 years.

She served as Director, Trade and Exchange Department and was deployed to serve as the Director, Human Resources Department in 2004; a position which she held until her retirement from the Central Bank of Nigeria in December 2009. She was the first female Director of the Central Bank of Nigeria.

Demuren holds a Master’s Degree in Economics and Statistics from the Moscow Institute of Economics and Statistics, Moscow, and a Diploma in Russian Language and Preliminary Studies from the Kiev State University, Kiev.

http://www.thisdaylive.com/articles/shareholders-hail-gtbank-s-performance-approve-dividend/205616/

lalasticlala

In the history of dividend in africa gtbank has written their name on the plaque of the company that pays the highest dividend. With their bonus one for four my total holdings will be getting to 250 thousand unit.
If you know investing in stock market is a good idea click share.
If you know investing in stock market is a bad idea click like.

The kind of news we want to be hearing now is about the following people and thing

1. Election euphoria

2. Jega

3. The President elect, the amiable and admirable, General M. Buhari (GCFR)

4. The outgoing First Family ( The tension )

5. The incoming First Family

6. The confusion/apprehension in the PDP

7. The happiness of the Nigerian People.

8. Others. This is where this bank news falls.


KAPISH

Ok

The truth is surfacing

is GTB performing cause they are fucking me up real big here

Even if GTBank dash me dia acct nos Walahi, i no go take am.

Better days are here!!!
Better Nigeria begins now...
Good people, Great Nation!!

Long live my bank.

fellow nairalanders for 2 days now am unable to reply / post / modify/ quote in any thread on POLITICS on nairaland....what could be the issue plz help

I'm not surprised .

okiezzzz

Dividends of fresh change..

okay







Meanwhile are u having problems with your joystick size or having premature ejac?? Check my profile/signature

hmmm, i thought someone wrote about the bank and that it is struggling. Thought i said that on front page here a few weeks ago

Best bank in Nigeria

Thinking....

Hmmmm.... I hear o

GTBank one of the best banks in Nigeria - but definitely not the best. Their customer service sucks, compared to UBA's

Ask4bigneyo:
Even if GTBank dash me dia acct nos Walahi, i no go take am.

Lol, naso you hate the bank reach?

pls how can I comment on Nairaland?

Guaranteed to take the lead!

good

Change everywhere

gtbank should better return all the money they deducted from my account and that of my friends this morningy just to cover their debt.

wayo gtbank

NIGERIA.
I will tell my children that after 16 years and 4
trials and three woeful fails, one school
certificate holder,Three different Political
parties,With only 1 million and 150 cattles,
Gen Buhari from the north won elections to
become Nigeria's President. I
will teach them the lesson of persistence.
I will tell them of a Goodluck Jonathan from
the creeks with no shoes that allowed for a
credible election process and honourable
concession of power
to the people's choice. and return to Otueke
peacefully .The First Seating president to
concede to defeat by the opponent party in
good spirit.
I will cultivate in them the values of healthy
competition, maintenance of peace and
gentility of spirit.
I will tell them of a Professor Attahiru Jega
who put aside personal interests to fulfill his
public assignment, remaining calm in the face
of threatening challenges and Political
Orubebes I will teach them the importance of
integrity and strength of
character in the dispensation of public service.
I will teach my children, so that one day their
names may honourably go down in the history
of this nation, just as the names of these
honourable men have today
..
GOD BLESS GOODLUCK EBELE JONATHAN
GOD BLESS PDP
GOD BLESS PDP MEMBERS AND SUPPORTERS
GOD BLESS PRESIDENT BUHARI
GOD BLESS APC
GOD BLESS APC SUPPORTERS AND MEMBERS
GOD BLESS FEDERAL REPUBLIC OF NIGERIA

- Synordic,2015

Gtb

Good for them

My Revelation About Buhari's Victory In 2013 Came To Pass (link)
https://www.nairaland.com/2230394/revelation-buharis-victory-2013-came#32232008

The bank I love so dearly

Commendable achievement by the bank.