GTBank Pioneers Banking For Senior Citizens

Guaranty Trust Bank plc, one of Nigeria's foremost financial institutions has introduced a new current account for Senior Citizens called 'The GTBank Seniors Account'. The new banking product, which is the first offering of its kind by any Nigerian Bank, is designed to allow indigenous persons aged 70 years and above enjoy all banking services offered by GTBank for free.

According to Mr. Segun Agbaje, Managing Director/CEO of the Bank, the essence of introducing this premium account is to recognize, applaud and appreciate the invaluable efforts and contributions of the present day Nigerian's Senior Citizens towards national development over the years. Speaking during the account launch which took place recently at the Bank's ultra modern head office situated on plot 635 Akin Adesola Street Lagos, Mr. Agbaje said 'we are an institution that deeply believes in African values like respect, family, honesty and social responsibility. It is in this regard that we introduced this new current account for Nigerians aged 70 years and above, which allows them 'Bank for Free”.

He further stated that GTBank Seniors Account holders will not only enjoy free cheque book and ATM card issuances but would not pay COT or other Bank charges whilst enjoying priority treatment at all Guaranty Trust Bank branches nationwide.

Guaranty Trust Bank plc has always been at the forefront of industry innovations within the Nigerian financial services sector. The Bank's most recent introductions include a 'FastTrack' banking system that allows customer withdraw money within its branches using their debit cards, the GTCrea8 eSavers virtual account for undergraduates and the GTBank e-account for salary earners, which enables them conduct all their banking activities without having to visit any of its branches.

The Bank has been the recipient of several awards over the years for service delivery, innovation and good corporate governance. It was recently adjudged the Best Bank in Nigeria by Euromoney Magazine for the fourth consecutive year. It also received the 2011 Bank of the Year Award for Nigeria from The Banker Magazine, the 2011 Best Bank in Nigeria Award from EMEA Finance Awards and its Managing Director, Mr. Segun Agbaje was adjudged the 2012 African Banker of the Year, during 2012 African Banker Awards at Arusha, Tanzania.

Guaranty Trust Bank plc was established in 1990 and has in the last 22 years been recognized as one of the most innovative and service focused Banks in the Nigerian financial sector. The Bank operates from 188 branches in Nigeria and has banking subsidiaries in Cote D'Ivoire, the Gambia, Ghana, Liberia, Sierra Leone and the United Kingdom.

August 06, 2012