Tag: Guaranty Trust Bank Plc

GTBank Completes Acquisition of Kenya’s Fina Bank

Press Release Guaranty Trust Bank Plc (GTBank), a foremost African Banking Group has now concluded the acquisition of a 70% stake in Fina Bank Group, after securing the required regulatory approvals in the 3 East African countries – Kenya, Rwanda, Uganda as well as in Nigeria. GTBank acquired a 70% […]

Mobius Prefers Nigerian Banks to South African Peers on Value

Mark Mobius, chairman of Templeton Emerging Markets Group, is picking Nigerian bank stocks ahead of South African peers as Johannesburg-based lenders battle rising bad-debt charges while trading at higher valuations. “The banks up north are cheaper,” Mobius said in an interview in Johannesburg yesterday, referring to Lagos-based lenders. “The big […]

Access Bank Appoints New ED, Business Banking

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Access Bank Plc Wednesday said it has appointed a new Executive Director (ED), Business Banking, Titi Osuntoki. According to a Statement from the bank, signed by Sunday Ekwochi, Company Secretary and made available to InvestAdvocate,  the Board of Directors of Access Bank Plc is pleased […]