What it does: GTBank PLC is a leading and innovative financial institution that provides a variety of financial services such as internet banking, retail banking, personal banking, investment management, asset management, securities management, pension management, and payment services to individuals, corporate organizations, and governmental establishments.
Mission: GTBank's mission is always to be the best financial service provider while giving value to its stakeholders.
Size and presence: GTBank employs more than 10,000 employees across its 250 offices in Nigeria. Its headquarters in Nigeria is located at Victoria Island, Lagos.
Best known for: GTBank is best known for providing its customers high-quality financial and innovative services. GTBank was awarded as the Best Bank in Africa and Best Bank in Nigeria by Euromoney Magazine in 2019. World Finance Magazine awarded GTBank PLC as the Best Banking Group and the Best Retail Bank in Nigeria. This speaks volumes of the quality of the services the bank provides.
The good bits: GTBank has an excellent company culture. The organization has a supportive and healthy working environment that encourages learning. Its employees enjoy numerous perks and benefits. There's an outstanding work-life balance. The pay is good. The bank staunchly believes in innovation.
The not so good bits: Employees are subject to high work pressure.
GTBank was established as a limited liability company in 1990. GTBank commenced operations in 1991 and has gradually become one of the most popular and prominent banks in Nigeria. In 1996, the bank was publicly listed on the Nigerian Stock Exchange and even got awarded the Nigeria Stock Exchange President's Merit Award in the same year.
Since then, they have been multiple winners of the award. In total, GTBank is an 8-time winner of the prestigious award. In 2002, GTBank was licensed to provide banking services universally, and the Central Bank of Nigeria later appointed GTBank as a settlement bank in 2003. In 2005, GTBank rebranded and emerged with a more direct expansion strategy, better service offerings, and its colorful orange theme.
As of today, GTBank is one of the largest financial institutions in Nigeria and even in Africa.
GTBank has a unique and rich company culture founded on tenets called the Orange Rules. The Orange Rules denote the bank's unified belief and guide its work approach. It also denotes its core values. These rules include simplicity, professionalism, service, friendliness, excellence, trustworthiness, social responsibility, and innovation.
GTBank is the ideal place for interns and fresh graduates to begin their careers. The Orange Rules has been key to the bank's success in the finance industry. In summary, GTBank has a great work culture which has helped to create a healthy and productive working environment.
GTBank utilizes a multi-stage recruitment process that involves the following steps:
GTBank has separate entries for interns, fresh graduates, and experienced professionals. The bank commits to growing talents, and they offer internship opportunities to promising students to gain personal skills and technical expertise. This prepares them for a full-time work experience in the finance industry.
GTBank also has an entry-level training programme for fresh graduates, which commits to the professional growth of young graduates in entry-level positions at the company. Experienced professionals are not left out of a great career experience at GTBank.
A fresher at GTBank Nigeria earns an average annual salary of ₦1.4 million.
GTBank has made a profound impact on community development, education, and art in Nigeria. Through their Orange Ribbon Initiative, GTBank has supported autistic people. Their Maternal and Child Healthcare Initiative provides support for expectant and nursing mothers with HIV and sick kids.
GTBank was in the news because of a prolonged legal battle with the CEO of Innoson Motors. Apparently, the issue has been resolved now.