Recently updated on September 18th, 2020 at 12:30 pm
Guaranty Trust Bank (GTBank) and Access Bank have emerged winners at the Euromoney Africa Awards for Excellence 2020.
Guaranty Trust Bank Plc was awarded the Euromoney Excellence in Leadership Africa Award, a premier award category set up to recognize banks around the world who are playing a pivotal role during the Covid-19 pandemic.
Guaranty Trust Bank Plc was also named Nigeria’s Best Bank for a record 10th time.
Access Bank was awarded the Euromoney Africa’s Best Bank for small and medium-sized enterprises (SMEs).
Announcing GTBank’s Excellence in Leadership Award, Euromoney said:
“One of the first things Nigeria’s Guaranty Trust Bank did with the onset of the Covid-19 pandemic was to get in touch with local authorities to see how the bank could help. Recognizing that the pandemic would stretch the public healthcare system, the Bank partnered with local authorities to set up a care facility for people with Covid-19.
GTBank also granted small and medium-sized enterprises a grace period of 90 days [which has since been extended by a further 3 months] on all loan payments. It is also developing other resources to help SMEs better understand and navigate the impact of the pandemic.”
Whilst being lauded for its exemplary leadership during a global crisis, GTBank is also receiving accolades for its digital drive to radically expand access to financial services and consistency in delivering the best performance across key financial indices. Key to the bank’s emergence as Nigeria’s Best Bank at the Euromoney Awards is its leading role in driving world class corporate governance standards, excellent service quality and innovation in Africa’s banking industry.
Commenting on the Bank’s Euromoney Awards, Segun Agbaje, Chief Executive Officer of GTBank, said:
“We feel very humbled to be awarded the Excellence in Leadership in Africa Award and immensely proud to be named Nigeria’s Best Bank for a record tenth time. These awards reflect what we are all about at GTBank—giving back to society and adding value to people’s lives. They are also testaments to our commitment to always be there for our customers and communities as a beacon of hope, an engine of progress and a platform for enriching lives.
As we continue to navigate the fallout of this pandemic, the imperative of our time as an organization remains safeguarding our lives and livelihoods. This means that we will continue to lead from the frontlines by protecting our employees, serving our customers wherever they may be, helping businesses make it through these uncertain times and supporting public authorities in combatting the pandemic.”
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.
