Press Releases

Garanti Bank and Garanti Mortgage have finalized legal merger procedures

Bucharest, 14 November 2014 - Garanti Bank and Garanti Mortgage (Domenia Credit IFN SA) have finalized the procedures for the merger of the two companies in Romania, having completed all legal requirements. This is the first merger operated on the local market between a bank and a non-banking financial institution.

For more information

Garanti Bank launches the first Donations menu in Romania, available for Internet Banking and ATMs

Bucharest, 16 October 2014 –Garanti Bank, one of the most dynamic and innovative banks on the local market, launches, for the first time in Romania, a special section integrated in its internet banking platform dedicated to donations for non-for-profit and non-governmental organizations. The new functionality, namely „Donations NGOs”, offers customers a new option, of instantly transferring any sum of money to various selected NGOs that support social, educational, and environmental causes.

For more information

Garanti Leasing evolved at a growth rate three times faster than the market average, in the first six months of 2014

Bucharest, 1 October 2014 –Garanti Leasing, part of the financial-group Garanti Romania, granted new financing worth EUR 36.2 million, in the first half of the year, a 68% increase compared to the same period last year.

For more information

Bonus Card holders spent 24% more this summer than the same period last year

Bucharest, 25 September 2014 – Bonus Card holders spent 24% more, between June and August, than the same period last year, the total volume of transactions increasing to RON 84.43 million, from RON 68.1 million, in 2013. Over 55,000 customers used their credit cards during this summer, compared to the approximately 51,000 in 2013. Furthermore, the total number of transactions increased also by 16%. On average, a Garanti Bank customer  performed approximately 11 Bonus Card transactions in this period, in total amount of around RON 1,525.

For more information

 

Garanti Bank signs a bancassurance partnership with Allianz-Țiriac

Bucharest, 4 September 2014 – Garanti Bank, one of the most innovative and dynamic banks on the local market, has signed a partnership with Allianz-Țiriac, a leading insurance company in Romania, through which the bank’s retail, SME and corporate clients will receive a complimentary general insurance when contracting a guaranteed loan.

For more information

Garanti Bank inaugurates its 80th branch in Romania

Bucharest, 2nd of September 2014 – Garanti Bank, one of the most dynamic and innovative banks on the local market, inaugurates its 80th branch in Romania, on Baba Novac Street, in Bucharest. The new agency continues Garanti’s strategy of offering clients high-end products and top services, via a user-friendly interface, centered on prodiving customers with the comfort, privacy and security they need in order to efficiently carry out their banking operations.

For more information

Vola.ro clients can now pay cash for their plane tickets at Garanti Bank’s ATMs

Bucharest, 27 August 2014 – Garanti Bank, one of the most dynamic and innovative banks on the local market and Vola.ro, the number one online tourism agency in Romania, have signed an agreement through which travellers can pay 24/7 for the plane tickets they purchased via Vola.ro, at any of the bank’s smart ATMs.

For more information

Garanti Bank’s internet banking service, awarded for the second consecutive year by Global Finance

Bucharest 31 July 2014 – Garanti Bank, one of the most dynamic and innovative banks on the local market, was awarded by the worldwide-recognized Global Finance magazine as "Best Consumer Internet Bank in Romania", for the second time in a row. The distinction was granted within the "2014 World's Best Internet Banks Competition".

For more information

Garanti Bank’s internet banking service, awarded for the second consecutive year by Global Finance

Bucharest 31 July 2014 – Garanti Bank, one of the most dynamic and innovative banks on the local market, was awarded by the worldwide-recognized Global Finance magazine as "Best Consumer Internet Bank in Romania", for the second time in a row. The distinction was granted within the "2014 World's Best Internet Banks Competition".

For more information

Business growth for Garanti Group Romania: revenues of EUR 70.2 million and profit of EUR 16.9 million in the first six months of 2014

Bucharest, July 28th, 2014 – Garanti Group Romania, one of the most dynamic and innovative financial Groups on the local market, registered in H1 2014 consolidated net revenues amounting to EUR 70.2 million, a 8.4% growth compared to the same period last year, and a consolidated net profit of EUR 16.9 million. In the first half of the year, its total assets reached EUR 2.02 billion, a 14.7% increase year on year.

For more information

Loans granted to SMEs by Garanti Bank increased in average by 20% in the last four years

Bucharest, July 24th, 2014 – The appetite for financing of the local small and medium enterprises has been constantly developing for the past years, Garanti Bank registering an annual average growth of 20% in the SME segment from 2010 and up to the present.

For more information

Garanti Bank will be granted by IFC a loan amounting to EUR 35 million to finance SMEs, out of which EUR 20 million dedicated to women entrepreneurs

Bucharest, June 16th, 2014 - Garanti Bank, one of the most dynamic and innovative banks on the local market, will be granted a new loan of EUR 35 million by IFC, member of the World Bank Group, with the purpose of financing Romanian small and medium businesses. Out of the total amount, EUR 20 million will be dedicated for the on-lending to companies owned or managed by women.   

For more information

Garanti Bank signed a financing agreement with FF Group Romania for the renovation of a historical building in Bucharest Downtown

Bucharest, June 17th, 2014 – Garanti Bank, one of the most dynamic and innovative banks on the local market, member of Turkiye Garanti Bankasi (TGB), among world’s top 20 strongest financial organizations by Bloomberg, signed a financing agreement with FF Group Romania (former Elmec Romania) for the investment made to renovate a historical building in one of the most important areas of Bucharest Downtown – Ion Câmpineanu Street. The real estate project will consist of transforming the building in a modern retail and offices business center, with a surface of 5,000 sqm.

For more information

The bonds issued by Garanti Bank are traded at the Bucharest Stock Exchange starting June 25th 2014

Bucharest, 25 June, 2014 – Garanti Bank’s corporate bonds issued on June 3rd, 2014, after the Offering Period started on May 26th, 2014 and early-closed on May 27th, are available for trading on the regulated market managed by the Bucharest Stock Exchange (BVB) starting today, June 25th, at 9:45 AM. The Commission for the Admission to Trade and The Bucharest Stock Exchange Board admitted the trading of the 30,000 bonds on the 19th, respectively 20th of June, 2014 and included the bonds within the Credit Titles Sector, Tier 3.

For more information

Garanti Bank attracted LEI 300 million through an issue of nonguaranteed bonds, with a 5-year maturity

Bucharest, May 28th, 2014 – Garanti Bank, one of the most dynamic and innovative banks on the local market, attracted LEI 300 million through an issue of nonguaranteed bonds in lei, opened on the 26th of May and closed early on the 27th of May, due to the full subscription.

For more information

Garanti Group registered in Q1 2014 a net profit of EUR 10.6 million

Bucharest, 13 May, 2014 - Garanti Group Romania, one of the most dynamic and innovative financial groups on the local market, registered in the first three months of 2014 a consolidated net profit of EUR 10.6 million, a 7.4% growth compared to the same period last year and net revenues amounting to EUR 34.2 million. In Q1, its total assets reached 1.96 billion, a 15.6% increase year on year.

For more information

 

Garanti Bank launches “Bonus Economus”, the savings account that gives customers bonus interest

Bucharest, 3 April 2014 – Garanti Bank, one of the most dynamic and innovative banks on the local market, launches a new and flexible savings account, "Bonus Economus", which rewards recurrent saving behavior.

For more information

Lower GDP growth, increased purchasing power, consumption and imports - the main estimations for 2014

Bucharest, 2 April, 2014 – The GDP growth in 2014 is expected to decelerate to 2.6% from 3.5%, mainly due to a lower production in agriculture and the deceleration of export growth due to negative base effect. Meanwhile, some acceleration in imports should come, as the domestic consumption and investments start their recovery. These are the main estimations for Romania’s economic development 2014 made by Garanti Bank, one of the most innovative and dynamic banks on the local market, in its latest Quarterly Macroeconomic Report, corresponding to Q1 2014.

For more information

Garanti Bank grants EUR 20 million to NEPI for the refinancing of Shopping City Galati

Bucharest, 24 March 2014 – Garanti Bank, one of the most dynamic and innovative banks on the local market, member of Turkiye Garanti Bankasi, among world’s top 20 strongest financial organizations by Bloomberg, granted a EUR 20 million loan to New Europe Property Investments (NEPI) for the partial refinancing of the investment in Shopping City Galati. The financing was granted in February 2014, for a period of five years.

For more information

EIB and Garanti Bank support projects of SMEs, MidCap companies and public sector entities in Romania

Bucharest, 19 March 2014 –The European Investment Bank (EIB) is lending up to EUR 50 million to Garanti Bank Romania, one of the most innovative and dynamic banks on the Romanian market, to finance projects promoted by small and medium-sized enterprises, mid-cap companies and public sector entities in Romania. The EIB loan is focused to foster undertakings with positive impacts on the increase of employment in the country.

For more information

Garanti Bank launches the spring campaign "Pedal your own way with Bonus Card"

Bucharest, 17 March 2014 – Garanti Bank, one of the most innovative and dynamic banks on the local market, launches the spring campaign "Pedal your own way with Bonus Card", through which the persons who apply for a Bonus Card between 3rd March and April 17th can win through a lucky draw  one of the 8 Dahon folding bicycles. Thus, the cardholders will enjoy the spring while riding a high-quality, lightweight and easy to transport bicycle, but also benefit from Bonus Card advantages.

For more information

Garanti Bank and the Group’s FINCO Garanti Mortgage
initiate official merger procedures 

Bucharest, March 12, 2014 – Garanti Bank and Garanti Mortgage (Domenia Credit IFN SA) announce today that they have initiated formal procedures for the merger of the two companies in Romania, which are expected to be finalized by the end of this year, following NBR approval and completion of all legal requirements.

For more information

Garanti Group continues its sustainable development, registering a net profit of EUR 27 million in 2013

Bucharest, February 11th, 2014 - Garanti Group Romania, one of the most dynamic and innovative financial groups on the local market, registered in 2013 a consolidated net profit of EUR 27 million. The Group's net revenues increased to EUR 118.6 million, an 11% growth compared to 2012. Last year, its total assets reached EUR 1.93 billion, a 7.3% increase year on year.

For more information

Bonus Card holders spent most money in 2013 on electronics and food

Bucharest, 24 February 2014 – Garanti Bank, one of the most innovative and dynamic banks on the local market, registered in 2013 a 15% increase of the number of transactions performed with Bonus Card compared to the previous year. The total volume of transactions also grew, by 7%.

For more information

Kick-start your banking career through the Learn 2B a Banker Program @ Garanti

Bucharest, 16 January 2014 – Garanti Bank, one of the most dynamic and innovative banks on the local market, is launching the "Learn 2B a Banker" program dedicated to students or fresh graduates with keen interest in the banking sector. Through the partnership with the Academy of Economic Studies (ASE) the young talented people have the chance to kick-start a successful career in the banking and financial sector.

For more information

GarantiBank finances Hyperion, the first electrical multiple unit train ever built in Romania

Bucharest, 6 January 2014 – GarantiBank, one of the most dynamic and innovative banks on the local market, member of Turkiye Garanti Bankasi, among world's top 20 strongest financial organizations by Bloomberg, granted a financing amounting to EUR 4,3 million to Softronic Craiova, the only locomotive manufacturer in South-Eastern Europe. The financing was used for the manufacture of Hyperion, the first electrical multiple unit train in Romania.

For more information

Main Page

Copyright © 2010, Garanti Bank