GTB

The Bank of Ghana on Monday announced the suspension of the Foreign Exchange Trading Licences of Guaranty Trust Bank Ghana Limited (GTB) and FBNBank Ghana Limited (FBN). The suspension, effective 18 March, will run for one month. According to a statement by the Ghanaian central bank, the suspension is in accordance with section 11 (2) of the Foreign Exchange Act 2006, (Act 723). It said the move comes as a response to several breaches of the foreign exchange market regulations, including instances of fraudulent…

Last Updated: December 07, 2023, 14:14 ISTDulquer Salmaan Adds Ferrari 296 GTB To His Garage. (Photo: Cartoq)Dulquer’s Ferrari 296 GTB was painted in the iconic Rosso Rubino Metallizzato shade. The actor opted for tan-coloured interiors.Dulquer Salmaan, a prominent figure in the Malayalam film industry, was recently seen behind the wheel of his Ferrari 296 GTB.Notably, he has become the first actor from the Malayalam film fraternity to join the ranks of Ferrari owners, with glimpses of his new acquisition making rounds on…

Dulquer Salmaan is renowned as both an actor and a car enthusiast. The Malayalam film actor boasts a vast collection of classic, vintage, expensive, and exotic cars in his garage. He revels in restoring classic cars and has often discussed them in numerous interviews. One of Dulquer Salmaan’s recent acquisitions is a Ferrari. He stands as the first actor from the Malayalam film industry to own a Ferrari, and images of his new car have been circulating online for the past couple of weeks. Here, we have a new video from…

Gautam Singhania, the owner of Raymonds, is a fervent car enthusiast and boasts one of the most extravagant car collections worldwide. Recently, he added a Maserati MC20 to his assortment and was seen driving it. However, it is the car he acquired before the Maserati that has drawn attention in his garage. Singhania splurged on the Ferrari 296 GTB, worth Rs 6.5 crore, and was spotted taking it for a spin in Mumbai. The video captures Gautam Singhania stepping into his new Ferrari, while his bodyguards ensure a clear…

Ferrari 296 GTB (Photo: Sharukh Shah/ News18.com)It has been reported that this is Gautam Singhania's second 296. He also owned another one in red colour, which he keeps it in his London residence.India’s top fabric brand Raymond Group’s chairman Gautam Singhania, best known for his business mindset, also has a soft corner for luxury cars. And, his recent purchase is clear proof of it. The business tycoon recently widen up his garage by adding a brand new white color Ferrari 296 GTB in his colletion, which comes at the…

Gautam Singhania, the owner of the prestigious Raymond Group, is known not only for his business acumen but also for his unwavering love for supercars. With an unbridled passion for speed and luxury, Singhania has established himself as a connoisseur of automotive excellence. Recently, he added another gem to his impressive collection by acquiring the magnificent Ferrari 296 GTB. With its stunning design and powerful performance, the Ferrari 296 GTB perfectly complements Singhania’s discerning taste. The Ferrari 296 GTB…

Currently sitting at the 13th spot on the Forbes Billionaires list and number one on India’s richest people list, Mukesh Ambani and his family own some of the swankiest cars in the country. It’s unlikely that any other garage has more expensive cars than the Ambanis. The list of cars owned by this multi-billionaire family includes multiple Ferraris, Lamborghinis, Rolls Royces, Bentleys, Range Rovers, and other exclusive luxury brands. Recently, two of the rarest Ferraris from the Ambani garage were spotted near their…

Stallion Nigeria has refuted reports that it is indebted to Guaranty Trust Bank (GTB) to the tune of N13 billion. Reacting to reports that GTB took over its assets over the debt, the firm claimed that no such debt exists. On Friday, reports said that GTB took over Stallion Nigeria’s assets after the N13 billion judgement debt in suit FHC/L/CS/2/47/2019 filed at a federal high court sitting in Lagos. The reports claimed that officials from Temilolu Adamolekun, the receiver/manager appointed by GTBank, and court…

The Financial Conduct Authority (FCA), regulator of the financial services industry in the United Kingdom, imposed monetary penalties totalling £7.7 million on the UK unit of Guaranty Trust Bank (GTB) “for serious weaknesses in its anti-money laundering (AML) systems and controls between October 2014 and July 2019,” the watchdog said Tuesday in a statement. The sanction signals the second time the lender would face punitive action touching on AML controls, having incurred a fine of £525,000 in August 2013 “for…

Guaranty Trust Bank has announced that its naira cards will no longer be used for international transactions starting December 31. This means customers using the GTBank mastercard can no longer use their naira debit cards to pay for transactions originated in foreign currency. Nigerian Banks had in March reduced their monthly international spending limit on naira cards citing “current market realities on foreign exchange.” The banks gradually reduced their monthly international spending limit on naira cards from…