Nigeria’s GTBank Group to Raise $337.46m for Expansion

• GTCO plans to raise N500 billion for technology investments, new subsidiaries, and recapitalisation
• Offering to be split into Nigerian and international tranches

Lagos, Nigeria – Guaranty Trust Holding Company Plc (GTCO), one of Nigeria’s leading banking groups, announced plans to raise N500 billion (approximately $337.46 million) to support its growth and expansion initiatives Wednesday.