Garanti Bank

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Garanti Bankası A.Ş.
Native name
Türkiye Garanti Bankası A.Ş
Traded as BİST: GARAN
Industry Banking, Financial services
Founded 11 April 1946; 70 years ago (1946-04-11)
Headquarters Levent, Beşiktaş, Istanbul, Turkey
Number of locations
1,005 (2014)
Area served
Key people
Ferit Faik Şahenk
Fuat Erbil
(President & CEO)
Increase US$ 1.9 billion (2012)
Total assets Increase US$ 104 billion (2015)[1]
Total equity Increase US$ 12.3 billion (2012)
Number of employees
19,036 (2014)
Parent BBVA (39.99%)
Doğuş Holding (10%) [2]

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


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.


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[edit]

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


External links[edit]