Garanti BBVA (legal Name Türkiye Garanti BankasıA.S.; Formerly Known As Garanti Bank In English) Is A Turkish Financial Services Company Headquartered In Turkey. Garanti Is 86% Owned By The Spanish Bilbao Biscay Bank (BBVA).
Overview
The Second Largest Private Bank In Turkey With Consolidated Assets Of $104.10 Billion As Of March 31, 2013. Garanti's Shares Are Publicly Traded In Turkey, The United Kingdom And The United States With An Actual Free Float Of 50.76% As Of March 31, 2013; Garanti Shares Are Publicly Traded In Turkey With Depositary Receipts In The United Kingdom And The United States.
Garanti Provides Services Across All Business Lines, Including Payment Systems, Retail, Commercial, Corporate, SME, Private And Investment Banking. Garanti And Its Domestic And International Subsidiaries (Garanti Bank International, Garanti Bank SA, Garanti Bank Moscow) Also Provide Pension And Life Insurance, Leasing, Factoring, Brokerage And Asset Management Services.
Garanti Serves 12 Million Clients Through 872 Domestic Branches, 7 Foreign Branches In The Turkish Republic Of Northern Cyprus And 1 Branch In Malta; 2 International Representative Offices In Düsseldorf And Shanghai; Over 5,290 ATMs; Call Centers Built On Technology Infrastructure And Internet, Mobile And Social Banking Platforms.
Ownership
Garanti Bank's Shares Are Traded On The Istanbul Stock Exchange, The London Stock Exchange And OTCQX. The Holdings Of The Bank's Shares Are As Follows:
Member Companies
The Constituent Companies Of The Garanti Banking Group Include, But Are Not Limited To:
- Garanti Bank International N.V. ( Garanti International Bank)
- Garanti Bank Moscow
- Garanti Bank Romania
- Garanti Asset Management
- Garanti Securities
- Garanti Pension (Garanti Hotel)
- Garanti Rental
- Garanti Factoring
- Garanti Payment System
- Garanti Mortgage
- Garanti Technology
Rank Owner Name Ownership Percentage 1 Bilbao Biscay Bank (BBVA) 86.003 Others 14.00 Total 100.00
