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| Dodou Nyang frowned at the GGCI decision |
At its 2011 Annual Business Awards and Gala Dinner held on 1
June this year at the Coco Ocean Resort and Spa to recognize and award economic
operators for their remarkable performance in business, the GCCI crowned Guaranty Trust Bank Gambia Limited as the
Bank of the Year for 2011, from the category of competitors including Ecobank
and Trust Bank Gambia Limited.
But Mr Nyang of Trust Bank feels the award should have been
given to his bank because Trust Bank “performed better than all the other banks
in the country put together”.
Going by the criteria set by the GCCI to determine the Bank
of the Year, the award should be given to a bank with a significant amount of
investment in the production, development and employment of the economy; good customer service ratings; profitability year on year;
cost/income ratio; good return on equity; return on asset; sound balance sheet
size year on year; loans to agricultural investments; compliance with taxes and
social security contributions; and corporate social responsibility towards
agriculture.
