Posted on :
27 Sep, 2011
Guaranty Trust Bank (Ghana) Limited was registered in Ghana in October 2004 and obtained its universal banking license from the Bank of Ghana on 23rd February, 2006, thereby paving the way for the commencement of operations.
The Bank is a subsidiary of Guaranty Trust Bank Plc, one of the foremost banks in Nigeria with a Triple A rating; the first indigenously owned sub-Saharan bank to be quoted on the London Stock Exchange. In 2008, it became the first new generation indigenous African bank to obtain a banking license to carry out fully fledged commercial banking activities in the United Kingdom.
GTBank Plc, Nigeria, currently owns 95.72% of the issued share capital of the Bank with Nederlandse Financierings-Maatschappij Ontwikkelingslanden N.V. (FMO) holding 2.14% and Alhaji Yusif Ibrahim, a Ghanaian business entrepreneur, holding the remaining 2.14%.
The Bank increased its paid up capital from GH¢10 million to over GH¢76 million well ahead of the Bank of Ghana’s deadline of December 31st 2009. Apart from giving the Bank a competitive advantage in terms of business capacity, meeting the new capital requirement early is a reflection of the Bank’s belief in the Ghanaian environment and its readiness to contribute meaningfully to the country’s development.
Within the five years of its operations in Ghana, it has also become a reference point for good business practice and a role model in the financial services industry.
We maintain an informal but competitive environment where people call each other by first names from entry level through to the Managing Director- no “Sirs or Madams”. This informal culture is not common practice in Ghana, but true to our convictions, the non-regimented open environment brings out the best productive output in our people.
The Bank also has an open door policy. This reinforces the informal atmosphere and breeds a feeling of equality. Everyone is accessible and approachable, working in open offices alongside their colleagues. In addition, we have a flat organizational structure that engenders effective communication and prompt decision-making.
The work environment is built saliently on our Orange Rules, and a thirst for excellence in everything we do. Quality is an integral part of the Bank and its improvement is not just in the hands of a few but in the hands of every member of staff. Delivering quality is the way we know how to sustain our competitive advantage.
The experience is one that improves and changes the individual positively. You will grow to add value to all stakeholders
You will be working with the state of the art technologies in the banking industry. You will be driven to deliver the utmost in customer services
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