Lagos, 19 April 2011 – Guaranty Trust Bank plc (GTBank) has achieved a milestone by becoming the first bank in Nigeria to issue two million Debit MasterCard cards in just 18 months since it launched the first Chip and PIN Debit MasterCard in October 2009. GTBank is also the first bank in sub-Saharan Africa, outside South Africa, to achieve this milestone.
Debit card usage in Nigeria is rising rapidly as cardholders embrace payment cards as a safe and convenient way to pay for everyday purchases, as well as big-ticket items – with the two million cards issued as a testament.




