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Garanti BBVA

Turkish bank

Summary

Turkish bank

FieldValue
nameGaranti BBVA
logoGaranti Bank Logo.svg
imageEdificio Garanti BBVA - Turquía.jpg
typeAnonim Şirket
traded_as
area_servedWorldwide
key_people
industryBanking, financial services
products{{Collapsible list
revenue15.53 billion (2024)
operating_income3.50 billion (2024)
net_income2.64 billion (2024)
assets88.23 billion (2024)
equity9.52 billion (2024)
num_employees22,016 (2023)
ownerBBVA (85.97%)
subsid{{Collapsible list
homepage
location_cityIstanbul
location_countryTurkey
foundation
ROAE17.0%
ROAA2.0%
NPL_Ratio2.6%
CAR16.9%
C/I48.0%
Fee/OPEX51% --

|Financial services, credit cards, consumer banking, corporate banking, investment banking, mortgage loans, private banking, pension, life insurance, brokerage, leasing, factoring, asset management |GarantiBank International N.V. GarantiBank Moscow GarantiBank Romania Garanti Asset Management Garanti Securities Garanti Pension Garanti Leasing Garanti Payment Systems Garanti Mortgage Garanti Technology |C/I = 48.0% |Fee/OPEX = 51% -- Garanti BBVA (legal name Türkiye Garanti Bankası A.Ş.; formerly referred to as Garanti Bank in English) is a Turkish financial services company based in Turkey. 86% of Garanti's stakes are owned by the Spanish bank Banco Bilbao Vizcaya Argentaria (BBVA).

Overview

Garanti Bank is the second-largest private bank in Turkey, with 220 billion assets at the end of 2023.

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

Garanti serves more than twenty-five million customers through 805 domestic branches, seven foreign branches in the Turkish Republic of Northern Cyprus and one in Malta; two international representative offices in Düsseldorf and Shanghai; more than 5,511 ATMs; a 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:

RankName of ownerPercentage ownership
1Banco Bilbao Vizcaya Argentaria (BBVA)86.00
3Others14.00
Total100.00

Member companies

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

  • Garanti BBVA Crypto
  • 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

Sources

References

  1. "Financial summary". Garanti BBVA.
  2. "Garanti BBVA with numbers".
  3. "Garanti BBVA IR".
  4. "El BBVA alcanza una participación del 86% en la filial turca Garanti".
  5. "Garanti BBVA IR".
  6. (2014-12-31). "Garanti Bank 2014 Annual Report". Garanti Bank.
  7. "Subsidiaries – Garanti Bankası A.Ş.".
Wikipedia Source

This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page.

turkish-brands banks-established-in-1946 banks-of-turkey companies-listed-on-the-istanbul-stock-exchange companies-in-the-bist-100 companies-based-in-istanbul doğuş-group banco-bilbao-vizcaya-argentaria turkish-companies-established-in-1946
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