GTBank generated N20.22 trillion in revenue from its electronic banking channels compared to the N18,22 trillion it earned from the same channels in 2023. The figure represents an increase of 11% from the amount reported in the same period last year.
Guarantee Trust Bank earned N1.43 trillion from USSD in the first half of 2023, a 15% drop from the N1.68 trillion the bank generated in the same period last year.
GTBank said it would to invest in boosting its digital banking capabilities to strengthen its dominance in the electronic banking market.
ThisDay reports that GTBank stated that USSD transactions earned it about N1.43 trillion, a 15% decline over the corresponding period, showing an increase in mobile banking transaction value over the same period.
According to the bank, there was an increase in the adoption of electronic banking platforms with solid growth in both volume and value of Mobile Banking.
