GARANTI BANK
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Garanti Bank Ups Romania 2014 GDP Growth Forecast To 2.9%
Garanti Bank Romania has revised upward its forecast on the country’s economic growth to 2.9% in 2014, from 2.6% previously, citing a better-than-expected performance during the first quarte...
Spain’s Gran Via Invests Another EUR8M In Bucharest Apartments
Spanish-held developer Gran Via started works for another two apartment blocks in western Bucharest after completing works on a first building several months ago, as it secured financing fro...
Garanti Bank’s Bonds Admitted To Trading In Bucharest
Garanti Bank Romania, a subsidiary of Turkey’s second largest bank Garanti Bankasi, on Wednesday said its five-year unsecured bonds issued earlier this month were admitted to trading on the...
Garanti Bank Lends EUR4M To FF Group Romania For Real Estate Project
Garanti Bank granted a EUR4 million loan to FF Group Romania (former Elmec Romania), for a real estate project downtown Bucharest, an investment worth approximately EUR5 million.
Garanti Bank Gets EUR35M IFC Loan To Finance SMEs, Women Entrepreneurs
The International Finance Corporation, the private sector lending arm of the World Bank Group, approved a EUR35 million loan to Garanti Bank Romania to help finance the country’s small and m...
Garanti Bank Raises RON300M In 5-Year Bond Sale
Garanti Bank Romania, a subsidiary of Turkey’s second largest bank Garanti Bankasi, has raised 300 million lei (EUR68.2 million) at a five-year bond issue launched May 26, at an annual inter...
Garanti Bank Romania Borrows EUR50M From EIB To Finance SMEs, Midcaps
The European Investment Bank (EIB) Wednesday said it will lend up to EUR50 million to Garanti Bank Romania to finance projects promoted by small and medium-sized enterprises (SMEs), mid-cap...
Garanti Bank Romania To Merge With Garanti Mortgage
Garanti Bank and Garanti Mortgage (Domenia Credit IFN SA) Wednesday announced that they started formal procedures for the merger of the two companies in Romania, which is expected to be comp...
Garanti Group Romania Swings To Net Profit Of EUR27M In 2013
Garanti Group Romania, a subsidiary of Turkey’s second largest bank Garanti Bankasi, Tuesday reported a consolidated net profit of EUR27 million in 2013, versus losses a year earlier, as its...