Infosys Finacle Chosen By Guaranty Trust Bank For Multi-Country Digital Transformation

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

While the exact financial details of the deal remain undisclosed, this transformation initiative will extend its impact beyond GTBank’s native Nigeria, encompassing operations in ten other markets across Africa and Europe.

The Finacle solutions suite will equip GTBank with the tools necessary to meet the evolving demands of modernisation and business expansion. Additionally, it promises to substantially reduce the bank’s total cost of operations.

In a statement, Venkatramana Gosavi, Senior Vice President and Global Head of Sales, Infosys Finacle said, “Our collaboration with Guaranty Trust Bank is testament to our deep commitment to helping financial institutions propel and scale their digital transformation journeys and help them navigate their future with cutting-edge technology. We are confident that our advanced solution suites will enable Guaranty Trust Bank to inspire better banking experiences for millions of customers and businesses the bank supports while strengthening its position as one of the best banks in the region.”