GTCO’s foreign subsidiaries contribute N262.6 billion interest income in H1 2026
Guaranty Trust Holding Company Plc (GTCO) generated N262.58 billion in interest income from its African and United Kingdom subsidiaries during the first half of 2026, accounting for about 30% of the Group's total interest income for the period. The post GTCO’s foreign subsidiaries contribute N262.6 billion interest income in H1 2026 appeared first on Nairametrics .
Guaranty Trust Holding Company Plc (GTCO) reported N262.58 billion in interest income from its foreign subsidiaries during the first half of 2026, representing approximately 30% of the Group's total interest income for the period. This marks an 11.23% decline from the N295.79 billion generated by the foreign operations in H1 2025.
Despite this decrease, GTCO's overall interest income remained strong, with the Nigerian operations serving as the primary growth driver. Overseas subsidiaries, spanning 10 African countries and the United Kingdom, accounted for about 30% of the Group's total interest income in H1 2026, down from about 36% in the same period last year.
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