Nigerian Bank Recapitalisation: GTCO Increases GTBank’s Paid-up Capital to N504bn

Nigerian bank recapitalisation: GTCO increases GTBank’s paid-up capital to N504bn

Guaranty Trust Holding Company has announced that it has increased its investment in its banking subsidiary, Guaranty Trust Bank Limited (“GTBank”), to

GTCO hits N500 billion recapitalisation target after rights issue

The fund is to facilitate scale-up plans, encompassing expansion of branch network, fortification of IT infrastructure, asset growth and emerging opportunities in the markets where it operates.

GTCO infuses $236 Million into GTBank to meet new capital rules - Innovation Village | Technology, Product Reviews, Business

Guaranty Trust Holding Company Plc (GTCO), one of Nigeria’s leading financial services groups, has injected ₦365.85 billion ($236 million) into its primary banking subsidiary, Guaranty Trust Bank Limited (GTBank). This significant capital injection was executed through a rights issue of nearly 7 billion ordinary shares to GTCO, as detailed in a recent regulatory filing. The move is a strategic step by GTCO to ensure GTBank complies with the Cent…

Recapitalisation: GTBank Boosts Capital Base With N365.9bn Injection

August 31, (THEWILL) — Guaranty Trust Holding Company Plc has injected N365.9bn into its banking subsidiary, Guaranty Trust Bank Limited. This is aimed to meet the new minimum capital requirement of N500 billion set by the Central Bank of Nigeria for commercial banks with international authorisation. In a statement filed with the Nigerian Exchange Limited

We’re Proud: Another Big Nigerian Bank Meets CBN’s Recapitalisation Target - Thepodiummedia

The number of Nigerian banks that have met the recapitalisation deadline of the Central Bank of Nigeria (CBN) has risen As of the last count, about nine commercial banks, with different licences, have met the CBN’s requirement With the addition of Guaranty Trust Bank, the number has risen to about 10, positioning the Nigerian banking sector on a robust footing Legit.ng’s Pascal Oparada has reported on tech, energy, stocks, investment and the eco…

GTBank's Paid-up Share Capital Surges With Over N360 Billion, To Meet CBN's New Minimum Capital Requirement For Banks - Brand Spur

By means of a rights issue subscription for 6,994,050,290 ordinary shares of fifty kobo each, made by Guaranty Trust Bank Limited (GTBank) for a total consideration of N365,850,403,572.67, Guaranty Trust Holding Company Plc (NGX: GTCO; LSE: GTCO) announced on Friday, 29th August, 2025, that it has increased its investment in its wholly owned Banking subsidiary, GTBank, to N504 billion.   This raises GTBank’s paid-up share capital from N138,186,7…