{{Short description|Turkish bank}} {{EngvarB|date=August 2015}} {{Use dmy dates|date=August 2015}} {{Infobox company | name = Garanti BBVA | logo = Garanti Bank Logo.svg | image = Edificio Garanti BBVA - Turquía.jpg | type = Anonim Şirket | traded_as = {{BIST|GARAN}} | area_served = Worldwide | key_people = {{ubl|Mahmut Akten <small>(CEO)</small>|Murat Atay <small>(EVP)</small>}} | industry = Banking, financial services | products = {{Collapsible list |Financial services, credit cards, consumer banking, corporate banking, investment banking, mortgage loans, private banking, pension, life insurance, brokerage, leasing, factoring, asset management }} | revenue = {{increase}} {{US$}}15.53 billion (2024)<ref name="financial summary">{{cite web|publisher=Garanti BBVA |title=Financial summary |url=https://www.garantibbvainvestorrelations.com/en/library/detail/Cheat-Sheet-Financial-Summary/1757/8094/0}}<!-- auto-translated from Spanish by Module:CS1 translator --></ref> | operating_income = {{increase}} {{US$}}3.50 billion (2024) | net_income = {{increase}} {{US$}}2.64 billion (2024)<ref name="financial summary"/> | assets = {{increase}} {{US$}}88.23 billion (2024)<ref name="financial summary"/> | equity = {{increase}} {{US$}}9.52 billion (2024)<ref name="financial summary"/> | num_employees = 22,016 (2023)<ref>{{cite web|title=Garanti BBVA with numbers |url=https://www.garantibbvainvestorrelations.com/en/about-garanti/detail/Garanti-BBVA-in-Numbers/8/17/0}}<!-- auto-translated from Spanish by Module:CS1 translator --></ref> | owner = BBVA (85.97%)<ref name=garantiinvestorrelations>{{Cite web|url=https://www.garantiinvestorrelations.com/en/about-garanti/detay/Shareholding-Structure/7/16/0|title=Garanti BBVA IR}}</ref> | subsid = {{Collapsible list |GarantiBank International N.V.<br />GarantiBank Moscow<br />GarantiBank Romania<br />Garanti Asset Management<br />Garanti Securities<br />Garanti Pension<br />Garanti Leasing<br />Garanti Payment Systems<br />Garanti Mortgage<br />Garanti Technology }} | homepage = {{URL|https://www.garantibbva.com.tr/en|garantibbva.com.tr}} | location_city = Istanbul | location_country = Turkey | foundation = {{Start date and years ago|1946|04|11|df=y}} <!-- parameters are not exist |ROAE = 17.0% |ROAA = 2.0% |NPL_Ratio = 2.6% |CAR = 16.9% |C/I = 48.0% |Fee/OPEX = 51% --> }} '''Garanti BBVA''' (legal name '''Türkiye Garanti Bankası A.Ş.'''; formerly referred to as '''Garanti Bank''' in English) is a Turkish financial services company based in Turkey. 86% of Garanti's stakes are owned by the Spanish bank Banco Bilbao Vizcaya Argentaria (BBVA).<ref name=garantiinvestorrelations/><ref>{{Cite web|url=https://elpais.com/economia/2022-05-18/el-bbva-alcanza-una-participacion-del-86-en-la-filial-turca-garanti.html|title=El BBVA alcanza una participación del 86% en la filial turca Garanti|access-date=2022-06-21}}</ref>
== Overview == '''Garanti Bank''' is the second-largest private bank in Turkey, with {{Turkish lira}}220 billion assets at the end of 2023.
Garanti provides services in all business lines including payment systems, retail, commercial, wholesale, SME, private and investment banking. Together with its domestic and international subsidiaries (Garanti Bank International, Garanti Bank SA, Garanti Bank Moscow), Garanti offers services also in pension and life insurance, leasing, factoring, brokerage and asset management.
Garanti serves more than twenty-five million customers through 805 domestic branches, seven foreign branches in the Turkish Republic of Northern Cyprus and one in Malta; two international representative offices in Düsseldorf and Shanghai; more than 5,511 ATMs; a call center and Internet, mobile and social banking platforms built on technological infrastructure.<ref>{{Cite web|title=Garanti BBVA IR|url=https://www.garantibbvainvestorrelations.com/en/about-garanti/detail/Garanti-BBVA-in-Numbers/8/17/0|website=www.garantibbvainvestorrelations.com}}</ref>
==Ownership== 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:<ref>{{Cite web|url=https://www.garantiinvestorrelations.com/en/images/pdf/garanti_bank_annual_report2014.pdf |title=Garanti Bank 2014 Annual Report |date=2014-12-31 |access-date=2015-08-29 |publisher=Garanti Bank |url-status=dead |archive-url=https://web.archive.org/web/20151001205451/https://www.garantiinvestorrelations.com/en/images/pdf/garanti_bank_annual_report2014.pdf |archive-date=1 October 2015 |df=dmy }}</ref>
{| class="wikitable sortable" style="margin-left:auto;margin-right:auto" |- |+ '''Garanti Bank stock ownership''' |- ! style="width:2em;" |Rank !!Name of owner!!Percentage ownership |- |1|| Banco Bilbao Vizcaya Argentaria (BBVA)||86.00 |- |3|| Others ||14.00 |- | ||'''Total'''||'''100.00''' |- |}
==Member companies== The companies that comprise the Garanti Bank Group include, but are not limited to, the following:<ref name="Subsidiaries – Garanti Bankası A.Ş.">{{cite web|title=Subsidiaries – Garanti Bankası A.Ş.|url=http://www.garanti.com.tr/en/our_company/investor_relations/corporate_information/subsidiaries.page}}</ref>
* Garanti BBVA Crypto * 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
==See also== * Ottoman Bank * Salt Research
==References== {{Reflist|30em}}
== Sources == * {{citation |url=https://www.garantibbvainvestorrelations.com/en/images/entegre-faaliyet-raporu-2019/garanti-bbva-integrated-annual-report-2019.pdf |archive-url=https://web.archive.org/web/20200417201340/https://www.garantibbvainvestorrelations.com/en/images/entegre-faaliyet-raporu-2019/garanti-bbva-integrated-annual-report-2019.pdf |url-status=dead |archive-date=2020-04-17 |title=Garanti BBVA Integrated Annual Report 2019 |year=2019 |publisher=Garanti BBVA |ref={{harvid|Garanti BBVA Integrated Annual Report 2019|2019}} }}
{{Portal|Banks}}
{{Banco Bilbao Vizcaya Argentaria}} {{Istanbul Stock Exchange companies}} {{Banks of Turkey}} {{Authority control}}
Category:Turkish brands Category:Banks established in 1946 Category:Banks of Turkey Category:Companies listed on the Istanbul Stock Exchange Category:Companies in the BIST 100 Category:Companies based in Istanbul Category:Doğuş Group Category:Banco Bilbao Vizcaya Argentaria Category:1946 establishments in Turkey Category:Companies established in 1946 Category:Turkish companies established in the 1940s