I
am pleased to report on behalf of the Directors, Management and
Staff on the financial performance of the Bank for the year 2010,
and on the activities and strategies that have yielded the good
results that are presented in the Financial Statements. This year
in an economy that showed moderate growth both savers and borrowers
expressed their confidence in ways that benefitted the Banking
System. Consequently, deposits, lending and total assets of the
Banking Sector grew by significant amounts. We, by maintaining
our market share, also achieved growth in profits of 22 percent,
growth in assets of 16 percent and this has resulted in the Directors
recommending a dividend payment of 30% of net after tax profits
for 2010.
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- Download and read the the CEO's
Report for 2010, which forms a section within GBTI's Annual
Report for 2010 or
I
am pleased to report on behalf of the Directors, Management and
Staff on the financial performance of the Bank for the year 2010,
and on the activities and strategies that have yielded the good
results that are presented in the Financial Statements. This year
in an economy that showed moderate growth both savers and borrowers
expressed their confidence in ways that benefitted the Banking
System. Consequently, deposits, lending and total assets of the
Banking Sector grew by significant amounts. We, by maintaining
our market share, also achieved growth in profits of 22 percent,
growth in assets of 16 percent and this has resulted in the Directors
recommending a dividend payment of 30% of net after tax profits
for 2010.