GTCO
Business Verge| Shareholders of Zenith Bank, GTCO, and Stanbic IBTC to Share N86.74 Billion as Interim Dividend for H1 2024
Banking Finance

Shareholders of Zenith Bank, GTCO, and Stanbic IBTC to Share N86.74 Billion as Interim Dividend for H1 2024

The shareholders of Zenith Bank Plc, Guaranty Trust Holding Company Plc (GTCO), and Stanbic IBTC Holding Plc are set to share N86.74 billion in interim dividends for the half year ending June 2024, reflecting a 74% increase from the N49.85 billion declared in the corresponding period of 2023. These leading banks collectively generated a profit […]

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GTCO to Write Off Aiteo Loan and Focus on Recovery
Finance

GTCO to Write Off Aiteo Loan and Focus on Recovery

Guaranty Trust Holding Company (GTCO) is preparing to write off a significant loan extended to Aiteo Group, an oil and gas company, while also intensifying its recovery efforts. This loan, which has troubled GTCO for several years, is expected to be cleared from the books by the end of 2024. According to GTCO’s CEO, Segun […]

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