GTCO Financial Results
Geographical Presence - FY 2021
GTBank Ltd.
⚫ 100% owned by GTCO
Established in 1990
235 branches, 16 e-branches, 14 cash
centres & 60 GTExpress
⚫N138.19 bn invested by GTCO
FY 2021 PBT: N176.12 bn
ROE: 20.2%
Habari Pay
Established in Aug. 2021
100% owned by GTCO
⚫ 1 branch
N3.62bn invested by GTCO
FY 2021 PBT: Nill
United Kingdom
• Established in 2008
• 100% owned by GTBank Ltd.
⚫ 1 branch
⚫ N9.60bn invested by GTBank Ltd.
• FY 2021 PBT: (N1.16 bn)
ROE: 6.3%)
Liberia
• Established in 2009
⚫ 99.43% owned by GTBank Ltd.
⚫10 branches
⚫ N1.95bn invested by GTBank Ltd.
• FY 2021 PBT: N2.65 bn
⚫ ROE: 19.3%
Cote D'Ivoire
• Established in 2012
100% owned by GTBank Ltd.
⚫ 4 branches
⚫ N5.08bn invested by GTBank Ltd.
• FY 2021 PBT: N2.78 bn
⚫ ROE: 22.3%
Sierra Leone
Established in 2002
• 83.74% owned by GTBank Ltd.
⚫ 16 branches
⚫N594.11m invested by GTBank Ltd.
⚫ FY 2021 PBT: N3.54 bn
• ROE: 19.2%
Gambia
• Established in 2002
• 77.81% owned by GTBank Ltd.
⚫15 branches & 1 e-branch
• N574.28m invested by GTBank Ltd.
FY 2021 PBT: N3.75 bn
• ROE: 31.6%
Ghana
• Established in 2006
⚫ 98.32% owned by GTBank Ltd.
•
35 branches
⚫ N18.14bn invested by GTBank Ltd.
• FY 2021 PBT: N33.84 bn
⚫ ROE: 27.5%
Uganda
• Acquired in 2013
• Subsidiary of GTB Kenya
.8 branches
ROE: 11.9%
H
Kenya
.
Acquired in 2013
⚫ 70% owned by GTBank Ltd.
⚫ 9 branches
⚫ N17.13bn invested by GTBank Ltd.
⚫ FY 2021 PBT: N6.90 bn
• ROE: 12.3% (Parent: 5.9%)
Rwanda
• Acquired in 2013
Subsidiary of GTB Kenya
⚫ 14 branches
⚫ ROE: 201.2%
Tanzania
• Established in Dec. 2017
• 76.2% owned by GTBank Ltd.
⚫ 1 branch
⚫N3.84bn invested by GTBank Ltd.
⚫ FY 2021 PBT: (N276.94 mn)
• ROE: (7.6%)
31View entire presentation