Garanti Bank
Encyclopedia
Garanti Bank is the second largest-private bank in Turkey
with US$
90 billion in assets as of December 31, 2010. On November 2nd, 2010 BBVA (Banco Bilbao Vizcaya Argentaria), Spain's second largest bank, acquired 24.9% stake in Garanti Bank for $5.8 billion. Garanti provides retail, commercial, corporate and private banking services to ten million customers. It operates 853 domestic branches, six foreign branches (in Luxembourg
, Malta
and Northern Cyprus, four international representative offices (in Moscow
, London
, Düsseldorf
, and Shangai), over 3.000 ATM
, a call centre and an Internet bank. Financial magazine Euromoney has picked Garanti Bank as "Best Bank in Turkey" for eleventh time in 2011. Garanti Bank is also recognized as the "Best Managed Company in Central and Eastern Europe" by Euromoney Institutional PLC, being the first Turkish Bank entitled to this award. Other awards include silver certificate from IIP(Investors in People), gold medal from ContactCenterWorld organization, Best Banking Group by World Finance Magazine.
As a universal bank with leading presence in all business lines, Garanti serves to 10 million customers in corporate, commercial, SME, and consumer segments offering fully integrated financial services through its 9 financial subsidiaries that include payment systems, pension, leasing, factoring, brokerage and asset management.
Turkey
Turkey , known officially as the Republic of Turkey , is a Eurasian country located in Western Asia and in East Thrace in Southeastern Europe...
with US$
United States dollar
The United States dollar , also referred to as the American dollar, is the official currency of the United States of America. It is divided into 100 smaller units called cents or pennies....
90 billion in assets as of December 31, 2010. On November 2nd, 2010 BBVA (Banco Bilbao Vizcaya Argentaria), Spain's second largest bank, acquired 24.9% stake in Garanti Bank for $5.8 billion. Garanti provides retail, commercial, corporate and private banking services to ten million customers. It operates 853 domestic branches, six foreign branches (in Luxembourg
Luxembourg
Luxembourg , officially the Grand Duchy of Luxembourg , is a landlocked country in western Europe, bordered by Belgium, France, and Germany. It has two principal regions: the Oesling in the North as part of the Ardennes massif, and the Gutland in the south...
, Malta
Malta
Malta , officially known as the Republic of Malta , is a Southern European country consisting of an archipelago situated in the centre of the Mediterranean, south of Sicily, east of Tunisia and north of Libya, with Gibraltar to the west and Alexandria to the east.Malta covers just over in...
and Northern Cyprus, four international representative offices (in Moscow
Moscow
Moscow is the capital, the most populous city, and the most populous federal subject of Russia. The city is a major political, economic, cultural, scientific, religious, financial, educational, and transportation centre of Russia and the continent...
, London
London
London is the capital city of :England and the :United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its...
, Düsseldorf
Düsseldorf
Düsseldorf is the capital city of the German state of North Rhine-Westphalia and centre of the Rhine-Ruhr metropolitan region.Düsseldorf is an important international business and financial centre and renowned for its fashion and trade fairs. Located centrally within the European Megalopolis, the...
, and Shangai), over 3.000 ATM
Automated teller machine
An automated teller machine or automatic teller machine, also known as a Cashpoint , cash machine or sometimes a hole in the wall in British English, is a computerised telecommunications device that provides the clients of a financial institution with access to financial transactions in a public...
, a call centre and an Internet bank. Financial magazine Euromoney has picked Garanti Bank as "Best Bank in Turkey" for eleventh time in 2011. Garanti Bank is also recognized as the "Best Managed Company in Central and Eastern Europe" by Euromoney Institutional PLC, being the first Turkish Bank entitled to this award. Other awards include silver certificate from IIP(Investors in People), gold medal from ContactCenterWorld organization, Best Banking Group by World Finance Magazine.
As a universal bank with leading presence in all business lines, Garanti serves to 10 million customers in corporate, commercial, SME, and consumer segments offering fully integrated financial services through its 9 financial subsidiaries that include payment systems, pension, leasing, factoring, brokerage and asset management.
- http://www.garanti.com.tr/en/our_company/investor_relations/corporate_information/corporate_profile.page