March 15, 2010
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Affiliates & Subsidiaries PDF print email

These Offshore and Onshore investments reflect the bank's growing commitment to the development of the economy.

The Guaranty Trust Group comprises of Guaranty Trust Bank plc, its associate companies, onshore and offshore subsidiaries

 

Offshore Subsidiaries


Guaranty Trust Bank plc has five offshore bank subsidiaries, namely, Guaranty Trust Bank (Gambia) Ltd, Guaranty Trust Bank (Sierra Leone) Ltd, Guaranty Trust Bank (Ghana) Ltd, Guaranty Trust Bank (Liberia) Ltd and Guaranty Trust Bank (United Kingdom) Ltd . Plans are also at advanced stages to open bank subsidiaries in other parts of Africa and elsewhere, internationally. The Bank also has an offshore non-bank subsidiary with the name GTB Finance B.V. It is a special purpose entity set up to raise the Guaranty Trust Bank's $350 million Eurobond Guarantee Notes.

 

Onshore Subsidiaries


The Bank has four onshore non-bank subsidiaries, Guaranty Trust Assurance plc, which provides general and life insurance services, GTB Registrars Limited, which caters for the Bank's growing investor profile and the shareholder base, GTHomes Limited, which offers superior housing solutions and services with focus on savings and loans, mortgages and real estate and GTB Asset Management Limited, which caters for securities related services.

 

Associate Companies & Affiliates

 

By virtue of our minority shares, the Bank's portfolio of associated firms includes: Kakawa Discount House Ltd, ValuCard Nigeria plc and Nigeria Automated Clearing System (NACS).

Other affiliated companies, representing a broad range of sectors, under the Guaranty Trust Group are:

 

  • Ruqayya Integrated Farms, Poultry Farming
  • Forrilon Transatlantic Ltd, Real Estate
  • Iscare Nigeria Ltd, Healthcare
  • Interswitch Nigeria, Information Technology
  • Terra Kulture Ltd, Tourism
  • Omatek Computers, Manufacturing & Assembling
  • Central Securities Clearing System, Financial Services
  • Sokoa Chair Centre, Manufacturing & Assembling
  • National eGovt Strategies, Information Technology
  • Tinapa Business Resort, Tourism
  • Hygeia HMO Ltd, Health Management Services
  • Card Technology Ltd, Information Technology
  • Bookcraft Limited, Education
  • 3 Peat Investment Limited, Investments
  • Patrick Speech & Language Centre Ltd, Education

These investments reflect the bank's growing commitment to the development of the economy.

 
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