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Tag: GTBank

GTBank apologises for week-long service disruption
News

GTBank apologises for week-long service disruption

Guaranty Trust Bank has issued a public apology to its customers following a seven-week disruption in services caused by its migration to a new core banking system. The transition, which began in October, left customers unable to access their funds and prompted widespread complaints of erroneous debit and credit alerts. “Your patience and support during […]

GTBank website outage due to domain name issue, not hack
News

GTBank website outage due to domain name issue, not hack

Contrary to initial reports suggesting a cybersecurity attack, the recent outage of Guaranty Trust Bank’s website was likely caused by a domain name system configuration problem. The bank’s website was inaccessible from Tuesday night until early Thursday as IT teams worked to resolve the issue. “They had issues with their domain name registration and had […]

GTBank apologises for week-long service disruption
News

GTBank website down, netizens suspect alleged hack

In a concerning development for one of Nigeria’s leading financial institutions, GTBank’s domain address has been compromised and taken offline. As of Wednesday evening, the bank’s official website, gtbank.com, was inaccessible to customers. This incident comes shortly after the bank renewed its domain name for another five years, from August 13, 2024, to March 21, […]

GTBank website outage due to domain name issue, not hack
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GTBank drags 60 senior bank executives to court

Guaranty Trust Bank has brought no less than 60 senior executives of 13 commercial banks before the federal high court, Lagos State as a pending suit between GTBank and Afex Commodity Exchange about a N17 billion loan under the Anchor Borrowers Programme loan lingers. The 60 executives, which include the chairmen, CEOs, directors, and company […]

GTBank website outage due to domain name issue, not hack
News

GTCO records pre-tax profit of ₦509.3billion in Q1

Onwubuke Melvin   Guaranty Trust Holding Company has announced the highest pre-tax of ₦509.3billion recording the highest in the history of Nigerian banking, in its Unaudited Consolidated and Separate Financial Statements for the period ended March 31, 2024. This was disclosed in its quarterly financial report filed by the bank with the Nigerian Exchange Groupon […]

GTBank apologises for week-long service disruption
News

GTCO to pay shareholders N94bn dividend for 2023 financial year

Shareholders of Guaranty Trust Holding Company Plc are set to receive a total dividend of N94.180 billion for the financial year ending December 2023, equating to a reward of N3.20 for each share held. These recommendations were made by the board of directors of GTCO, following the authority vested in them by Section 426 of […]

GTBank's app upgrade leaves customers frustrated
Banking

GTBank’s app upgrade leaves customers frustrated

Customers of Guaranty Trust Bank lamented on Friday about using the bank’s mobile app as the bank’s digital operations were disrupted. The development happened in the midst of an app upgrade that was supposed to enhance and add new capabilities to the bank’s mobile transactions but instead caused login problems and other problems for users. Customers […]