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GTBank proposes N1.45 dividend on higher YoY Profits

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GTBank CEO, Mr. Segun Agbaje

Mr.-Segun-Agbaje-GMD-GTBank-300x215

Guaranty Trust Bank (GT Bank) increased full-year pretax profit 4 percent last year to 107 billion Nigerian naira ($649.9 million), the bank reported on Friday.

Gross revenues climbed to 242.67 billion naira in 2013, against 223.06 billion naira the previous year, it said in a filing with the Nigerian Stock Exchange.

GT Bank proposed a final dividend of 1.45 naira per share, up from the 1.30 naira it paid a year ago.

 

via@Reuters

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