GTHomes Rebrands, Changes Name

Out of its aspiration to give the best to its customers across the country has, Guarantee Trust Bank Plc has recently rebranded GTHomes to become Imperial Home Mortgage Bank.

According to the Managing Director of Imperial Homes Mortgage Bank Limited, Ben Akaneme, the new identity is necessary because most of the subsidiaries of GT Bank had changed their names so the company also needs a new corporate identity.

In his words, “In compliance with the Central Bank regulations and circulars in 2010, revoking universal banking practice in Nigeria, Guaranty Trust Bank Plc dissociated from its subsidiaries including GTHomes Limited.

The shares of GTHomes owned by GTBank before the divestment were acquired in 2012 by a select group of investors through a special purpose vehicle. The divestment by GTBank and as with GT Assurance, GTB Asset Management, and GTB Registrars which changed their names to Mansard Insurance, Investment One and DataMax, respectively, also make GTHomes Limited change to a new name.”