Business
GTCO grows deposits by N1.11trn, reduces loan exposure
Guaranty Trust Holding Company Plc (GTCO) reported N879.9 billion in profit before tax for the nine months ended September 2026, while customer deposits rose by N1.11 trillion to N13.98 trillion. The group also reduced its net loan book by 4.1 per cent and improved its asset quality, despite lower profit after tax and significant fair value losses.