Garanti Bank

Garanti Bankası A.Ş.

Native name	Türkiye Garanti Bankası A.Ş
Type	Corporation
Traded as	BİST: GARAN LSE: TGBD OTCQX: TKGBY
Industry	Banking, Financial services
Founded	11 April 1946
Headquarters	Levent, Beşiktaş, Istanbul, Turkey
Number of locations	1,005 (2014)
Area served	Worldwide
Key people	Ferit Faik Şahenk (Chairman) Fuat Erbil (President & CEO)
Products	List Financial Services, credit cards, consumer banking, corporate banking, investment banking, mortgage loans, private banking, pension, life insurance, brokerage, leasing, factoring, asset management
Net income	US$ 1.9 billion (2012)
Total assets	US$ 104 billion (2015)[1]
Total equity	US$ 12.3 billion (2012)
Number of employees	19,036 (2014)
Parent	BBVA (39.99%) Doğuş Holding (10%) [2]
Subsidiaries	List GarantiBank International N.V. GarantiBank Moscow GarantiBank Romania Garanti Asset Management Garanti Securities Garanti Pension Garanti Leasing Garanti Payment Systems Garanti Mortgage Garanti Technology
Website	www.garanti.com.tr

Türkiye Garanti Bankası A.Ş, referred to as Garanti Bank in English, is a financial services company based in Turkey.

Overview

Garanti Bank is the second largest private bank in Turkey with US$104.1 billion consolidated assets as of March 31, 2013. Having shares publicly traded in Turkey, the UK and the US, Garanti has an actual free float of 50.76% as of March 31, 2013; Garanti shares are publicly traded in Turkey and depository receipts in the UK and the US.

Garanti provides services in all business lines including payment systems, retail, commercial, corporate, SME, private and investment banking. Together with its domestic and international subsidiaries (Garanti Bank International, Garanti Bank SA, Garanti Bank Moscow), Garanti offers service also in pension and life insurance, leasing, factoring, brokerage and asset management.

Garanti serves twelve million customers through 936 domestic branches, 6 foreign branches in Cyprus, one in Luxembourg and one in Malta; 3 international representative offices in London, Düsseldorf and Shanghai; more than 3,550 ATMs; an award winning call center and Internet, mobile and social banking platforms built on technological infrastructure.

Ownership

The shares of the stock of Garanti Bank are traded on the Borsa Istanbul, LSE and OTCQX. The shareholding in the bank's stock is as depicted in the table below:^[3]

Garanti Bank stock ownership

Rank	Name of Owner	Percentage Ownership
1	Banco Bilbao Vizcaya Argentaria (BBVA)	39.99
2	Doğuş Holding	10.00
3	Others	50.76
	Total	100.00

Member companies

The companies that comprise the Garanti Bank Group include, but are not limited, to the following:^[4]

• Garanti Bank International N.V.
• Garanti Bank Moscow
• Garanti Bank Romania
• Garanti Asset Management
• Garanti Securities
• Garanti Pension
• Garanti Leasing
• Garanti Factoring
• Garanti Payment Systems
• Garanti Mortgage
• Garanti Technology

References

1. http://www.forbes.com/global2000/list/6/#header:assets_sortreverse:true
2. https://info.bbva.com/en/news/general/bbva-acquires-14-89-of-garanti-from-dogus-strengthening-growth-profile/
3. "Garanti Bank 2014 Annual Report" (PDF). Garanti Bank. 2014-12-31. Retrieved 2015-08-29.
4. "Subsidiaries – Garanti Bankası A.Ş.".

External links

• Official website
• Corporate Profile, Garanti Bankası
• Annual Reports Archive, Garanti Bankası
• Milestones in Garanti's History
• Key Financial Indicators
• eabh (The European Association for Banking and Financial History e.V.)