GTBank Business and Financial Performance
Geographical distribution
GTBank
GTB UK
• Established in 2008
100% owned by parent
• 1 branch
⚫N7.82bn invested by parent
⚫ FY 2014 PBT: N66.60mm
• ROE: 0.94%
GTB Gambia
• Established in 2002
•
77.81% owned by parent
⚫ 17 branches
• N574.28mm invested by parent
⚫ FY 2014 PBT: N702.85mm
• ROE: 27.65%
GTBank plc
• Parent Company
• Established in 1991
⚫213 branches, 56 e-branches
•
N369.53bn in SHF (Parent)
•FY 2014 PBT: N110.37bn (Parent)
• ROE: 26.73% (Parent)
GTB Kenya
•Acquired in 2013
70% owned by parent
• 14 branches
N17.13bn invested by parent
FY 2014 PBT: N1,090.99mm
• ROE: 6.10%
GTB Sierra Leone
• Established in 2002
• 84.24% owned by parent
⚫12 branches
•
N594.11mm invested by parent
•FY 2014 PBT: #1,289.75mm
⚫ROE: 32.55%
GTB Uganda
Acquired in 2013
Subsidiary of GTB Kenya
• 7 branches
Developments
Ebola Outbreak:
Despite the Ebola pandemic
which struck two countries in
which we operate out of, our
subsidiaries in those countries
showed strong growth from
2013
This
performance was
attributable to the strength of
our brand, operational
efficiency and a flight to safety
PBT N'bn
2013
2014
Sierra Leone
801.16
Liberia
262.50
A
1,289.75 60.99%
331.98 26.47%
Kenya:
GTB Liberia
Established in 2009
⚫99.43% owned by parent
⚫ 7 branches
N1.95bn invested by parent
•FY 2014 PBT: N331.98mm
ROE: 11.17%
GTB Cote D'Ivoire
Established in 2012
•98.98% owned by parent
• 4 branches
N3.49bn invested by parent
FY 2014 PBT: (N454.74mm)
ROE: -18.78%
GTB Rwanda
Acquired in 2013
• Subsidiary of GTB Kenya
• 18 branches
GTBank Ghana
Established in 2006
.95.37% owned by parent
• 31 branches
N8.57bn invested by parent
• FY 2014 PBT: N5.74bn
⚫ROE: 33.47%
Following the acquisition of
Fina Bank in December 2013,
GTBank was able to make
considerable gains in it's first
year of running GTBank Kenya
PBT N'bn
Kenya
2013
96.83
A
2014
1,090.99 1026.70%
10View entire presentation