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Vanguard News GTBank grows deposit to N3.7trn in Q1’21 On MONEY MARKET Guaranty Trust Bank Plc has grown its total deposit for the first quarter ended March 31, 2021 (Q1’21) to N3.717 trillion, representing 3.0 percent increase compared to N3.611 trillion recorded in Q1’20. The financial report of the bank for the period released in the Nigerian Exchange Limited, however, showed that the bank’s profit before tax dropped by 7.8 percent to N53.7 billion from N58.2 billion recorded in the corresponding period in Q1’20. The bank’s Capital Adequacy Ratio (CAR) remained very strong, closing at 26.1 percent, while asset quality was sustained as Non-Performing Loan (NPL) ratio and Cost of Risk (COR) closed at 6.1 percent and 0.11 percent in March 2021 from 6.0 percent and 0.08 percent in March 2020 respectively.

Nkiruka nnoromSegun agbajeGuaranty trust bank plcNigerian exchangeKindly share this storyTrust bank plcNigerian exchange limitedCapital adequacy ratioNon performing loanShare this storyஉத்தரவாதம் நம்பிக்கை வங்கி ப்ல்நைஜீரியன் பரிமாற்றம்கைஂட்லீ பகிர் இது கதைநம்பிக்கை வங்கி ப்ல்நைஜீரியன் பரிமாற்றம் வரையறுக்கப்பட்டவைஅல்லாத நிகழ்த்துகிறது கடன்