GBTI reported after-tax profits of $4 billion in 2024, a 31% increase from 2023, alongside total assets of $249 billion. The bank’s success is attributed to digital transformation and a focus on innovative banking solutions, reflecting its commitment to customer service and financial stability amidst economic growth in Guyana.
The Guyana Bank for Trade and Industry Limited (GBTI) has announced a remarkable after-tax profit of $4 billion for the year 2024, reflecting a 31% increase from 2023. This achievement underlines the bank’s commitment to financial strength, digital advancement, and customer-oriented banking solutions, as stated by the Chairman, Senior Counsel Robin Stoby.
In conjunction with the profit increase, GBTI reported total assets of $249 billion, representing a substantial growth of 24%. The bank attributes its success to a strategic emphasis on digital banking and innovation, which coincides with Guyana’s expanding economy. GBTI has launched new digital banking solutions aimed at enhancing client experiences and improving financial access.
Moreover, investments in artificial intelligence-driven banking, cybersecurity, and mobile banking innovations have further solidified GBTI’s leadership position within the financial sector. The Chairman emphasized that digital transformation is integral to GBTI’s mission of providing seamless, efficient, and secure banking services for customers.
As part of its long-term strategy, GBTI is dedicated to maintaining robust corporate governance, comprehensive risk management, and ethical banking standards. The bank has enhanced its governance framework through effective risk management policies to ensure financial stability amidst an evolving financial landscape.
For 2025, GBTI seeks to reinforce its standing as a leader in the financial sector through ongoing innovation, strong governance, and sustainable banking practices. This vision reflects GBTI’s commitment to empowering individuals and businesses within Guyana’s rapidly developing economy.
In summary, GBTI’s $4 billion profit in 2024 marks a significant milestone, driven by digital transformation and a focus on customer-centric services. With a solid asset base and ongoing investment in technology, the bank is well-positioned to lead the financial sector in Guyana. Its commitment to governance and ethical practices further underpins its long-term success and stability.
Original Source: newssourcegy.com
