Guaranty Trust Bank Plc (GTB) has been named the Best banking group in Nigeria in the 2013 Annual World Finance Banking Awards by The World Finance magazine.

The rating which was announced on Friday by the organisers of the programme said the bank scored high marks in innovation, product offering in the financial services industry, regional reach to cover high growth markets, significant proof of continuous development, good corporate governance, and corporate social responsibility.

It also described GTB as “clearly defined customer centric strategy, dedicated to improving the client experience, innovative financing solutions tailored to client needs, investments in new technology, and unique industry specialisation as important factors in winning this award.”

World Finance said it rely on reader insight and experience to provide nominations to the judging panel.

“Our judging panel boasts over 230 years of financial and business journalism, supported by a research team that works round the clock to ensure our award winners are the most deserving in their sector,” it added.

Speaking on the bank’s latest achievement, Managing Director/Chief Executive Officer of GTBank, Segun Agbaje, CEO, Segun Agbaje, who also adjudged Africa’s Banker of the Year 2013 attributed the bank’s achievements to the loyalty of its customers and the commitment of its employees, who constantly strived to give 100 per cent customer expectations every single time.

He added that the recognition was a challenge and a call to do more in order to promote the global relevance of the African banking industry.

GTB was one of the eleven Nigerian banks listed in The Bankers Magazine’s Top 1000 banks in the world.