GTCO PLC RELEASES Q3 2023 UNEDITED RESULTS, REPORTS N433.2BILLION PBT

Guaranty Trust Holding Company Plc (“GTCO” or the “Group”) has released its Unaudited Consolidated and Separate Financial Statements for the period ended September 30, 2023, to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE). The   Group reported profit before tax of   433.2billion,   representing an   increase of 155.2%   over ₦169.7billion recorded in the corresponding period ended September 2022. The Group’s loan book (net) grew by 17.7% from 1.89trillion recorded as at December 2022 to  2.22trillion in September 2023, while deposit liabilities increased by 37.9% from 4.61trillion in December 2022…

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