Nigeria's Guaranty Trust Bank picks Infosys Finacle for digital transformation

Nigeria’s Guaranty Trust Bank (GTBank), the banking subsidiary of Guaranty Trust Holding Company Plc has selected the Finacle digital banking solution for its multi-country digital transformation program.

The size and tenure of the deal was not disclosed. The lender will achieve transformation of its business across its home operations in Nigeria as well as in 10 other markets across Africa and Europe, according to the press release.

Overall, the Finacle solutions suite will give GTBank a secure and scalable solution, to meet ongoing modernization and business growth demands easily, while ensuring a "significantly" lower total cost of operations, it added.


“As an organisation, we have always held that the future of banking is digital, largely driven by technology and customers’ preference for secure, convenient, and reliable channels. This is the thinking behind our innovation drive and history of firsts, offering best-in-class financial services across Africa. Infosys Finacle’s digital solutions will significantly transform our operations and facilitate our push towards more innovative, responsive banking,” said Segun Agbaje, group CEO at Guaranty Trust Holding.