GEORGETOWN, Guyana – The Guyana Bank for Trade and Industry Limited (GBTI), says it has recorded after-tax profits of four billion dollars (One Guyana dollar=US$0.004cents) last year, representing a 31 per cent increase over the previous year.
“GBTI’s sustained growth is a testament to our unwavering focus on financial strength, digital transformation, and customer-centric banking solutions,” said the bank’s chairman, Senior Counsel Robin Stoby.
He said as Guyana’s economy continues to expand, GBTI remains committed to empowering individuals and businesses through innovative financial services.
The GBTI recorded total assets of GUY$249 billion, which represents 24 per cent in growth. It credits the 2024 success to a strategic push towards digital banking and innovation, aligning with Guyana’s rapid economic expansion.
The financial institution said it introduced new digital banking solutions, enhancing customer experience and financial accessibility and has also made investments in artifical intelligence (AI) driven banking, cybersecurity, and mobile banking.
Stoby said digital transformation is not just a strategy, but represents part of GBTI’s commitment to ensuring seamless, efficient, and secure banking for our customers.
GBTI has also indicated that as part of its long-term vision, it continues to uphold strong corporate governance, risk management, and ethical banking practices.
The GBTI said that it has reinforced its governance framework with comprehensive risk management policies, ensuring financial stability and resilience amid a rapidly evolving financial landscape.
It said its vision for 2025 is to solidify the bank’s position as a leader in the financial sector, through continued innovation, strong governance, and sustainable banking practices.
