The Guarantee Trust Company (GTCO) has dispelled what it called false news reports about its business activities, results and management.
According to the statement issued, the false news articles were baseless and emanated from groups out to discredit the financial institution.
Meanwhile, DailyTrust earlier reported that the website of GTBank was recently hacked.
The incident made the site inaccessible as some customers lamented on social media.
The incident happened after the domain name was renewed for another five years from August 13, 2024, through March 21, 2029, according to platforms that analyse domain information.
TimesNow.com.ng reported that Guaranty Trust Holding Company Plc (GTCO), the parent company of Guaranty Trust Bank (GTBank), has recorded a profit after tax of N509.3 billion in the first quarter of 2024.
The amount is a 587.4% or six times increase when compared to N74 08 billion reported in the same period of 2023.
The profit recorded by GTBank is also the largest ever pre-tax profits in Nigerian banking history.
Source: TimesNow.com.ng
