Guaranty Trust Bank Kenya Unveils GTMalkia: A Strategic Women-Focused Banking Solution

Guaranty Trust Bank (Kenya) Ltd marked a significant milestone in its journey of inclusive banking with the unveiling of GTMalkia, a banking product tailored exclusively for women who desire more from their banking experience. GTMalkia offers more value, access and control to assist women in shaping their current financial lives and for the generations to come. 

Bridging the Premium Gap for Women

"At Guaranty Trust Bank (Kenya) Ltd, we recognise that today’s woman is looking for more than just a place to save or transact.

"She seeks banking experience that speaks to her ambitions, her lifestyle, and her legacy. That’s why GTMalkia has been thoughtfully designed to offer a unique blend of experiential value, financial literacy, wellness, and generational empowerment, all anchored in competitive financial returns," the bank said in a statement.

Speaking at the launch, Jubril Adeniji, East Africa Regional Managing Director of Guaranty Trust Bank Ltd, hailed the account as a lifestyle platform for visionary women which rewards ambition, encourages wealth creation, and recognises the holistic needs of today’s accomplished woman. 

L-R - Jubril Adeniji - East Africa Regional Managing Director, Guaranty Trust Bank, Flora Mutahi - Founder and CEO, Melvins Marsh International LTD, Ann Njogu- Director, GTBank Kenya and Neil Ribeiro - Director, GTBank Kenya, during GTMalkia Launch. /PHOTO

"Based on our commitment to supporting Kenyan women in the pivotal role they play in developing the Kenyan economy and society at large, we have developed GTMalkia to support their journey not just financially, but in every aspect of their personal and professional growth," he remarked.

“For the first time, we are extending that crown to the next generation through our GTBinti sub-account, where teen daughters can begin their financial literacy journey early. Because true empowerment is not just what we offer today, it’s what we build for tomorrow. And while GTMalkia begins with women and girls, we want to assure you that the boychild is not forgotten. We are thoughtfully considering a complementary solution that will ensure every teen girl or boy has the opportunity to grow into a financially empowered future."

Key Benefits of the GTMalkia Account:

• Interest earned on main and sub-accounts
• Access to GTBank World Credit and Gold Debit Cards
• Sub-account for teens, with debit cards and financial mentorship tools
• Annual Financial Literacy Conference curated for women
• Exclusive discounts at select spas, salons, gyms, health centres, and boutiques
• Health Check-Ups and End-of-Year Luxury Vacation for top savers
• “Refer a Friend” rewards with gift vouchers

Research shows that Kenyan women account for about half of the country’s workforce and are a driving force in both formal and informal business sectors.

Their contribution to economic development is undeniable. With roughly 387,418 middle to high-level earning individuals in Kenya, an increasing percentage of 36.1 per cent being women, there is a demand for financial solutions that truly reflect their ambitions, priorities, and way of life.