Guaranty Trust Holding Company Plc GTCO has obtained the approvals of both the Central Bank of Nigeria CBN and the Securities and Exchange Commission SEC to undertake a private placement of its ordinary shares, subject to the fulfilment of the applicable conditions precedent and regulatory requirements.
The Company had earlier on August 29, 2025 announced that its banking subsidiary Guaranty Trust Bank Limited had satisfied and surpassed the new CBN minimum capital requirement for commercial banks with international authorisation, having already increased its capital to ?504.4 billion.
