May 17, 2012
GTBank
Banner
Guaranty Trust Bank (Sierra Leone) Limited PDF print email
Share

Guaranty Trust Bank (Sierra Leone) Limited

Guaranty Trust Bank (SL) Limited commenced operations in January 2002 and is presently the fourth largest financial institution in Sierra Leone today. Recognized for the Guaranty Trust values of excellent customer service, superior financial performance, professionalism and high ethical orientation, the Bank has been able to increase its customer base and year on year performance by providing value adding products and services that have endeared it to the Sierra Leonean people.

The Bank dominates a major share of the region’s Mining Sector and its Commercial and Corporate Banking clients have continued to grow as a result of the Bank’s Trade Finance offerings. The Bank’s financial performance in 2008 though only a slight improvement over that of 2007, is one of the highest growths in balance sheet and profitability the industry witnessed in 2008. The Bank’s balance sheet and gross earnings grew from $ 40 to $ 55 million and from $5 to $7 million respectively despite stiff competition and the economic lull that surrounded the operating environment in the year.

Branch Network And Other Service Channels

Guaranty Trust Bank (SL) Limited introduced a strategic branch expansion initiative during the year which is expected to effectively enhance its provincial and consumer markets penetration efforts. This initiative started with the construction of three additional branches and five cash centers in key industries around Freetown.

 

Click here to visit Guaranty Trust Bank (Sierra Leone) Limited's website.

 

 
Increase Font Decrease Font