Guaranty Trust Bank (Ghana) Limited was registered in Ghana as far back as October 2004 and obtained its universal banking license from the Bank of Ghana on the 23rd of February, 2006 thereby paving the way for the commencement of operations. The Bank is a subsidiary of Guaranty Trust Bank Plc which owns 95.72% of the issued share capital of the Bank with Nederlandse Financierings-Maatschappij Ontwikkelingslanden N.V. (FMO) holding 2.14% and Alhaji Yusif Ibrahim, a Ghanaian business entrepreneur, holding the remaining 2.14%.