Winners have emerged at the 2021 Euromoney Africa Awards for Excellence, which was announced on July 14, 2021.
Euromoney magazine was created in 1969 to cover the re-emergence of the international cross-border capital markets.
The Magazine’s Awards for Excellence celebrates the best banks around the world by recognizing institutions that have demonstrated leadership, innovation, and momentum in the markets they operate. In selecting its award recipients, Euromoney combines quantitative and qualitative data to honor institutions that have brought the highest levels of service, innovation, and expertise to their customers.
Winners Of 2021 Euromoney Africa Awards For Excellence
- Africa’s best bank 2021: Guaranty Trust Bank
- Africa’s best digital bank 2021: Access Bank
- Nigeria’s Best Bank 2021: Guaranty Trust Bank
- Nigeria’s Best Investment Bank 2021: Stanbic IBTC Capital
With the 2021 Excellence award, Guaranty Trust Bank has been recognised as Nigeria’s Best Bank for a record 11th time at the awards as well as named Africa’s Best bank twice in three years, reflecting its leading position as one of the best managed financial institutions on the continent.
According to Euromoney on Guaranty Trust Bank:
“Not the biggest but the most profitable. That’s the strategy of Guaranty Trust Bank.
With a return on average equity of 28.5 per cent in 2020, [Guaranty Trust Bank] is clearly achieving among its banking competitors in its home country Nigeria and also across Africa.”
“Being recognized as Africa’s Best Bank and the Best Bank in Nigeria speaks to our commitment to delivering on our promise of creating new and innovative financial solutions that make life easier for our customers and generate the returns our shareholders expect.
The biggest winners continue to be our customers and shareholders and our top priority will always be creating value for them. With our transition to a holding company structure, we will be extending our banking excellence to new growth areas wherein we can help our customers achieve the full breadth of their financial goals whilst realizing the full value inherent in our group.”
