About Guaranty Trust Bank (SL)

Guaranty Trust bank (SL) Limited was established in Sierra Leone in line with the Group's vision to harness growth opportunities in the areas of increased market share, customer acquisition and continental expansion.

The bank was incorporated and registered in Sierra Leone on the 28th of September and 5th of October 2001 respectively. It entered the Sierra Leone market following the successful acquisition of majority interest (90%) in the defunct First Merchant bank of Sierra Leone limited, a bank that had been in existence since early 1999 by Guaranty Trust Bank, Plc Nigeria.

Further to the change of ownership, First Merchant Bank formally changed its name to Guaranty Trust Bank (SL) Limited on the 25th of January 2002, and immediately became a subsidiary of Guaranty Trust Bank Plc Nigeria immediately after the acquisition.

In the last two year, Guaranty Trust Bank plc has invested about $1million to restructure the bank and reposition it to face the new and interesting challenges that are emerging in post war Sierra Leone. The bank's authorized share capital was increased to Le 6 billion with Le 5.946 billion fully paid.

Guaranty Trust Bank has within the short period established a niche with the banking public setting the pace for the delivery of high quality customer service. Our customer service capabilities are enhanced by BASIS a versatile and user-friendly banking software and the upgrade of our technology and other infrastructure. The ambience of our banking premises reflects the traditional Guaranty Trust Bank way of instilling confidence in the minds of our customers and the public alike and has been a source of pride and motivation for our staff made up of a crop of young talented individuals all of Sierra Leonean origin.

Apart from the Head Office at Wilberforce Street in the city center, the Bank has additional branches by the quays in eastern Freetown and in BO the second largest town in Sierra Leone.

Guaranty Trust Bank (SL) Limited is the licensed agent for the MoneyGram International Money transfer service in Sierra Leone.

Since its inception Guaranty Trust has been living up to its vision of providing excellent customer service by employing high quality people and processes. Our business has been the provision of a full range of commercial banking services to its select and highly discerning spectrum of corporate, commercial and retail customers.

In addition to its strong customer service culture, units within the Bank are segmented along functional lines, which include Corporate Banking, Mining and Allied Services, Public Sector, Commercial Banking, Consumer Banking and Transactional Services Group. These segmentations make our units and its people closer to our various customers in such a way as to respond to their banking needs in a prompt, effective and proactive manner.

The bank has been leveraging on its investment on Information Technology infrastructure to bring banking services closer to its various customers. Within the four years of operation in Sierra Leone, the bank has introduced PC banking, Mobile Banking services, statements delivery via emails and Web based SWIFT connectivity to facilitate efficient funds transfer all over the world.

Guaranty Trust Bank has clearly emerged as a major financial institution in Sierra Leone and is well poised to play a leading and innovative role in the financial services industry and contribute significantly to the post-war development of the country.