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ISIN: TRAGARAN91N1 | Ticker: GARAN | LEI: 5493002XSS7K7RHN1V37

About Turkiye Garanti Bankasi AS

Company Description

Garanti BBVA is Turkey’s most valuable and second largest private bank.

Garanti Bank was established in 1946 by 103 cofounders as a joint-stock company in Ankara. The founders of the Bank consisted of traders who wanted to invest their post-World War II accumulated fortunes in profitable lines of businesses. The founding capital of the Bank was TL2.5 million which was divided into 25,000 shares worth TL100 each. Garanti opened its first branch on Anafartalar Street in Ankara on June 21, 1946; the second branch was opened in Istanbul on Bankalar Street. Branch network reached 22 in 7 years. In 1950, the headquarters were moved to the building on Yeni Postane Street in Sirkeci, Istanbul.

Year founded

1946

Served area

Worldwide

Headquarters

Levent Nispetiye Mah. Aytar Cad. No:2, 34340 Beşiktaş / Istanbul – Türkiye

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Shareholder information

Shares outstanding

4,200,000,000

IPO

Sept. 8, 2009

Stock exchange(s)

Borsa Istanbul

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