GTBank fined N1.7bn for forex violations, consumer protection breaches across four countries

Guaranty Trust Bank (GTBank), a subsidiary of Guaranty Trust Holding Company (GTCO), has been hit with a massive N1.7 billion fine for violations related to foreign exchange (FX) operations and consumer protection breaches across Nigeria, Ghana, Gambia, and Rwanda. According to GTCO’s recently released financial statement for 2024, the penalties stem from regulatory [...]The post GTBank fined N1.7bn for forex violations, consumer protection breaches across four countries appeared first on National Daily Newspaper.

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