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Guaranty Trust Holding Company PLC also known as GTCO PLC is a multinational financial services group, that offers retail and investment banking, pension management, asset management and payments services, headquartered in Victoria Island, Lagos, Nigeria.
Banking in Sierra Leone consists of a central bank, the Bank of Sierra Leone, seven commercial banks, and six community banks. [1] Banking sector [ edit] The Civil War destroyed many of the branches of the country's commercial banks and as of 2005 there were 34 commercial bank branches, the majority in the major towns. [2]
Standard Chartered Bank (Sierra Leone) Rokel Commercial Bank. Guaranty Trust Bank (Sierra Leone) Union Trust Bank. First International Bank. First Bank of Nigeria, formerly International Commercial Bank [2] Access Bank Sierra Leone. Ecobank. Skye Bank.
The governor of the bank is appointed by the President of Sierra Leone for a term of five years. The Bank Headquarters is at Siaka Stevens Street in the Central business district in Downtown Freetown . The Bank is engaged in policies to promote financial inclusion and is a member of the Alliance for Financial Inclusion (AFI). [2]
The bank, according to its website, is the only privately owned indigenous commercial bank in the country, as of May 2017. [3] As of December 2015, the bank's total assets were valued at SLL:361.817 billion (approximately US$48.6 million), with shareholders' equity of SLL: 58.162 billion (approximately US$7.811 million). [1] History [ edit]
Sierra Leone, [note 1] officially the Republic of Sierra Leone, is a country on the southwest coast of West Africa. It shares its southeastern border with Liberia, and the northern half of the nation is surrounded by Guinea.
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