Nigerian financial institution, Guaranty Trust Bank Plc, has been named the ‘2014 African Bank of the Year’ for the second consecutive time by the African Banker magazine.
The bank was given the award in Kigali, Rwanda.
A statement released by the bank 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.
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.”
“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” Mr. Omar Yedder, publisher of the magazine was quoted in the statement.
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This article was first published on 28th May 2014