TÜRKİYE GARANTİ BANKASI A.Ş.

 (3.5; 4 ratings)
3.5 4
Business Focus
universal banking

Established in 1946, Garanti Bank a Turkish universal bank operating in corporate, retail, private and investment banking, and payment systems. Through its subsidiaries Garanti Bank offers pension and life insurance, leasing, factoring, brokerage, and asset management services.

Bank Category

Foreign Commercial Banks Established in Turkey

Services

retail banking
SME banking
corporate banking
investment banking

Products

current accounts
debit cards
credit cards
savings accounts
time deposit accounts
consumer loans
car loans
mortgage loans
overdraft accounts
pension accounts
investment funds
mutual funds

Ways to Bank

TÜRKİYE GARANTİ BANKASI A.Ş. delivers its products and services through both direct and indirect channels, namely:
branch
online banking

Financials

Total Assets of TÜRKİYE GARANTİ BANKASI A.Ş.
Net_income of TÜRKİYE GARANTİ BANKASI A.Ş.
Market Share of TÜRKİYE GARANTİ BANKASI A.Ş.
Total Assets (2019)
391.15 bln TRL  (+8.81%)
Net Income (2018)
6,638.24 mln TRL  (+4.64%)

TÜRKİYE GARANTİ BANKASI A.Ş. is the 5th largest bank in Turkey in terms of total assets. In 2019 its total assets were 391,15 bln TRL, providing the bank with the market share of 9.31%. In 2018 the bank's net income was 6 638,24 mln TRL.

Credit Ratings

Fitch: B+
AAA
AA+, AA, AA-
A+, A, A-
BBB+, BBB, BBB-
BB+, BB, BB-
B+, B, B-
CCC, CC, C, RD, D
Moodys: B1
Aaa
Aa1, Aa2, Aa3
A1, A2, A3
Baa1, Baa2, Baa3, Baa4
Ba1, Ba2, Ba3
B1, B2, B3
Caa1, Caa2, Caa3, Ca

TÜRKİYE GARANTİ BANKASI A.Ş. is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is B+ (highly speculative). Long-term credit rating assigned to the bank by Moody's is B1 (highly speculative).

Deposit Guarantee

Protected Amount
up to 100,000 TRL
Guarantee Fund
Savings Deposit Insurance Fund (SDIF)
Covered Depositors
natural persons (Turkish and foreign)
Covered Accounts
private current accounts
participation accounts
precious metals accounts

TÜRKİYE GARANTİ BANKASI A.Ş. participates in the deposit guarantee scheme of Turkey. This deposit guarantee scheme applies to private current accounts, participation accounts, precious metals accounts made by natural persons (Turkish and foreign) and covers up to up to 100,000 TRL per bank per depositor. TÜRKİYE GARANTİ BANKASI A.Ş. is a member of Savings Deposit Insurance Fund (SDIF) and makes its contributions into it.

Contacts

LEVENT, NİSPETİYE MAH. AYTAR CAD. NO:2 34340 BEŞİKTAŞ/ İSTANBUL, Turkey
(212) 318 18 18
(212) 318 18 88

Social Networks

TÜRKİYE GARANTİ BANKASI A.Ş. has profiles at the following social networks:

Bank Identifiers

BIC (SWIFT)
TGBATRIS
Bank Sort Code
0062
LEI
5493002XSS7K7RHN1V37

Bank Supervision

Supervised By
Central Bank of the Republic of Turkey
Reference Number
159422

TÜRKİYE GARANTİ BANKASI A.Ş. is authorized and supervised by the Central Bank of the Republic of Turkey (reference number 159422).

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