GTBank expands retail business by offering airtime loans at 2.95%



Guaranty Trust Bank Limited (GTBank), the flagship banking franchise of GTCO PLC, has launched Quick Airtime Loan, an innovative digital solution that provides customers with instant access to airtime when they run out of call credit and have limited funds in their bank accounts, ensuring that customers can stay connected when it matters most.

In today's always-on world, running out of airtime is more than a minor inconvenience. This means lost opportunities, disrupted plans, and lost connections, often at the same moment when money is tight, and options are limited. Quick Airtime Loan was created to solve this problem, giving customers instant access to airtime on credit direct from their bank. With Quick Airtime Loan, eligible GTBank customers can access from N100 to N10,000 by dialing *737*90#. Available on all major mobile networks in Nigeria, the service will soon expand to include data loans, further strengthening its proposition as a reliable on-demand platform.

For years the airtime credit market has been dominated by telecom companies, where the fee for this service is 15 percent. GTBank is now changing the story by offering a customer-centric, bank-led digital option at a price of 2.95 per cent. Built on transparency, convenience and affordability, Quick Airtime Loans have the potential to broaden access to airtime, deliver meaningful cost savings for millions of Nigerians and redefine how financial services are delivered not just in banking moments, but in everyday life.

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Commenting on the product launch, Miriam Olusanya, Managing Director of Guaranty Trust Bank Limited, said: “Quick Airtime Loan reflects GTBank’s continued focus on providing digital solutions that are relevant, accessible and built around real customer needs. The solution underpins the power of a connected financial ecosystem, combining GTBank’s digital reach and lending expertise with HubriPay’s capabilities to deliver a seamless, end-to-end experience unique across the group. By leveraging strengths, we are able to accelerate innovation, strengthen execution and deliver a more integrated customer experience across all our service channels.”

Importantly, Quick Airtime Loans highlights GTCO's evolution as a fully diversified financial services group. Leveraging HabariPay's Squad, the solution strengthens the group's ecosystem proposition by bringing together banking, payments technology and digital channels to provide a seamless, one-stop experience for customers.

With this new product launch, Guaranty Trust Bank is expanding its legacy of pioneering digital-first solutions that have redefined customer access to financial services across the industry, building on the proven strength of its widely adopted QuickCredit offering and the convenience of the Bank's iconic *737# USSD banking platform.

Hope Musa-Ashike

Hope Moses-Ashike is an Associate Editor, Banking and Finance, with over a decade of experience reporting on Nigeria's financial system and broader economy. She closely follows market movements, monetary policy decisions, company disclosures, regulatory actions, economic indicators and global developments and interprets what they mean for businesses, investors, policy makers and households. Their reporting helps readers understand complex issues such as inflation trends, foreign exchange market dynamics, interest rate decisions, bank performance and investment risks. She also covers major international events and travels periodically to Washington, DC, to report on the World Bank/IMF spring and annual meetings. His dedication to financial journalism has earned him numerous recognitions and invitations to high-level professional development programs. She is an alumnus of the International Visitors Leadership Program (IVLP) in the United States and holds an Advanced Financial Journalism Certificate from Press Association Training in London, UK. Her other notable achievements include the Lagos Business School CMC Programme, the Bloomberg Media Africa Initiative Programme, and the completion of a Master Class in Journalism at Rhodes University in South Africa.


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