Guaranty Trust Holding Co PLC 2024 AR2

The report highlights Guaranty Trust Holding Company Plc's (GTCO) performance for the fiscal year 2024, during which it became the first Nigerian financial institution to cross the N1 trillion profit before tax milestone. The Group successfully completed the first phase of its equity capital raising plan, raising N209.41 billion and expanding its shareholder base. In sustainability, GTCO initiated its implementation strategy for the ISSB IFRS S1 and S2 disclosure standards and continued its transition to renewable energy, with 10% of banking locations connected to dedicated power lines and several ATMs powered by solar energy. Additionally, the Group advanced financial inclusion by opening over 963,000 new accounts and continued its social impact through the Orange Ribbon Initiative for autism awareness.

Company: Guaranty Trust Holding Co PLC

Sector: Financials

Country: Nigeria

Year: 2024

Type: AR2

Pages: 356

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Guaranty Trust Holding Co PLC

Guaranty Trust Holding Co PLC 2024 Annual Report

Annual Report

The report highlights Guaranty Trust Holding Company Plc's (GTCO) performance for the fiscal year 2024, during which it became the first Nigerian financial institution to cross the N1 trillion profit before tax milestone. The Group successfully completed the first phase of its equity capital raising plan, raising N209.41 billion and expanding its shareholder base. In sustainability, GTCO initiated its implementation strategy for the ISSB IFRS S1 and S2 disclosure standards and continued its transition to renewable energy, with 10% of banking locations connected to dedicated power lines and several ATMs powered by solar energy. Additionally, the Group advanced financial inclusion by opening over 963,000 new accounts and continued its social impact through the Orange Ribbon Initiative for autism awareness.

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Document Details

Report Year

2024

Reporting Period

Jan 1, 2024 - Dec 31, 2024

Fiscal Year

2024

Published

Apr 2, 2025

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Renewable Energy

Women on Board

Women in Management

Employees