Winners have emerged at the World Finance Banking Awards 2017. The World Finance Banking Awards 2017 are detailed in the World Finance Banking Guide 2017, which offers an insight into the scale of transformation in the banking sector.
- Best Banking Group – Guaranty Trust Bank (GTBank)
Employing more than 10,000 people across Africa, Guaranty Trust Bank (GTBank) is one of the continent’s leading financial institutions, providing a range of traditional and digital banking services to more than 10 million customers. Headquartered in Lagos, GTBank is Nigeria’s largest bank by market capitalisation, and boasts an asset base in excess of NGN 3.16 trillion ($8.8 billion).
- Best Private Bank – First Bank of Nigeria
Established in 1894 as the Bank for British West Africa, First Bank of Nigeria holds the honour of being the first bank ever to be established in Africa. The bank now boasts more than 10 million customer accounts and provides a balanced range of traditional banking products, along with a collection of modern, digital solutions for investment and wealth management purposes.
- Best Commercial Bank – Diamond Bank
Founded in 1990, Diamond Bank is a multinational financial services provider that offers a range of products in the commercial, retail, corporate and investment banking sectors. The company has become Nigeria’s fastest-growing retail bank by sticking rigidly to its long-term vision of not just matching customer expectations, but exceeding them.
- Best Retail Bank – Guaranty Trust Bank (GTBank)
Since its inception in 1990, Guaranty Trust Bank (GTBank) has delivered consistent year-on-year growth, driving financial inclusion through the implementation of a number if innovative tech-based services. Now regarded as one of Africa’s leading financial institutions, GTBank’s operations extend across the continent, serving more than 10 million customers at home and abroad.
- Best Sustainable Bank – Access Bank
Access Bank initially started life as a commercial bank, but broadened its reach to include personal and business banking in 2012. It is currently one of Nigeria’s five largest banks, and is now set on becoming one of Africa’s most respected financial institutions, with a growth model that puts environmental sustainability and social responsibility on a par with profits.
- Most Innovative Bank In Africa – Guaranty Trust Bank (GTBank)
Financial inclusion is one of the most significant issues currently facing the Nigerian banking sector. Guaranty Trust Bank, which was established in 1990 and has since grown to become one of Africa’s leading financial institutions, has therefore committed to rolling out a variety of digital banking products aimed at providing citizens formerly excluded from the formal banking system with access to vital financial services. In particular, the firm’s Bank 737 service, which allows customers to access their money via a smartphone without the need for an internet connection, is making banking simpler, faster and cheaper for previously unbanked Nigerians. Since the service was introduced, more than three million customers have signed up, while over $3.1 billion has been sent through the platform in the form of mobile transactions.