The vulnerability of Guaranty Trust Holding Company PLC (GTCO) to scams heightened in the year 2022, as the rate of fraud went up by 84.54 per cent to 27,725 cases from 15,024 in 2021, according to data obtained from the company’s audited 2022 financial statement, BusinessLive writes. Guaranty Trust Bank …
Read More »GTCO In Trouble! UK Govt, CBN, SEC, Others Sanction Bank N4.2bn For Committing Market Infractions In 2022
The UK government, Central Bank of Nigeria (CBN), Securities and Exchange Commission (SEC), among other agencies where it operates have sanctioned Guaranty Trust Holding Company Plc (GTCO) a sum of N4.21billion for committing various market infractions in 2022. GTCO with its head office in Nigeria, and subsidiaries in UK, …
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