GARANTI BANK
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Garanti Bank Gets EUR77M Loans to Finance SMEs
Lender Garanti Bank has signed two financing agreements totaling EUR77.3 million to finance sustainable energy projects and small and medium-sized enterprises.
Wallberg Group Gets EUR5.2M Loan from Garanti Bank for Timisoara XCity Towers
Real estate group Wallberg Properties, owned by local entrepreneur Valentin Morar, has secured a EUR5.8 million loan from Garanti Bank for its EUR62 million XCity Towers project in Timisoara...
Black Sea Trade and Development Bank, Garanti Bank Grant $25M Loan To Alum Tulcea
Black Sea Trade and Development Bank (BSTDB) and Garanti Bank Romania jointly grant a financing of $25 million to aluminum producer Alum Tulcea.
Garanti Bank Switches To RON109M Profit In 2017 Vs RON38M Loss In 2016
Garanti Bank registered a net profit of RON109.7 million in 2017, reaching a return on equity (ROE) of over 10%, with all business lines generating profitability, after ending 2016 in the re...
Garanti Bank Sees Romania’s GDP Growth Rate Slowing Down At 4% In 2018
Garanti Bank expects Romania’s economic growth rate to slow down to 4% in 2018, from 6.5% in 2017, on the backdrop of a slower growth rate in industry and trade, correlated with a possible s...
Fitch Revises Romanian Garanti Bank's Outlook To Stable
Fitch Ratings has revised the outlook of Romanian Garanti Bank to stable from negative, and affirmed the long and short-term issuer default ratings at 'BBB-'/'F3' and support rating at '2',...
Garanti Bank: Romania’s Economic Growth Rate To Slow Down In 2017, Macro Fundamentals Remain Strong
Garanti Bank forecasts a slowdown in Romania’s economic growth rate in 2017. Thus, the gross domestic product (GDP) is expected to grow up to 3.7% in 2017, in the context in which the evolut...
Garanti Bank Switches To RON23M Losses In 1H/2016
Garanti Bank reported net losses of RON23 million in the first half of the year, versus RON50 million profit in the year-earlier period due to the absorbing of prudential requirements relate...
Garanti Bank Keeps Romania GDP Growth Forecast At 3.7% In 2016
Garanti Bank maintains its forecast on Romania’s economic growth at 3.7% in 2016 and estimates a similar evolution for 2017, according to the bank’s macroeconomic report for the second quart...