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Guaranty Trust Bank Sees Key Declines And First Loss In 5 Years In Its First Year As Tier II Institution

by CEO East Africa Magazine
Fatima Ali, Acting Managing Director, Guaranty Trust Bank Uganda. She is steering the bank through a challenging transition period following its downgrade to a Tier II Credit Institution, amid declining deposits, reduced lending, and efforts to restore profitability.

Guaranty Trust Bank (Uganda) Limited has reported its first loss in over five years, highlighting the difficult transition it is facing after downgrading to a Tier II Credit Institution in…

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