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GARANTI BANK

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Garanti Bank Romania Increases Capital By EUR20M
Banks-Insurance

Garanti Bank Romania Increases Capital By EUR20M

Garanti Bank Romania increased its share capital by EUR20 million through cash subscription from its mother-bank Turkiye Garanti Bankasi (TGB), the lender said in a statement Monday.

Florentina Dragu · 12.11.2012 · 13:22 · 1 min
Ufuk Tandoğan Gets The Nod From Central Bank As GM Of Garanti Bank Romania
Banks-Insurance

Ufuk Tandoğan Gets The Nod From Central Bank As GM Of Garanti Bank Romania

Romania’s central bank has approved the appointment of Ufuk Tandoğan as general manager of Garanti Bank Romania, to replace Murat Atay, who has taken over the management of Garanti Mortgage...

Ioana Tudor · 07.11.2012 · 12:27 · 1 min
Banca Transilvania Borrows $15M From IFC To Finance SMEs
Banks-Insurance

Banca Transilvania Borrows $15M From IFC To Finance SMEs

The International Finance Corporation (IFC), the private lending arm of the World Bank, has extended a $15 million credit line to Romanian Banca Transilvania (TLV.RO) for onlending to micro...

Florentina Dragu · 04.10.2012 · 17:49 · 1 min
Garanti Bank Borrows $15M From IFC
Banks-Insurance

Garanti Bank Borrows $15M From IFC

The International Finance Corporation (IFC), the private lending arm of the World Bank, has extended a $15 million credit line to Romanian Garanti Bank to extend its trade finance business.

Florentina Dragu · 03.05.2012 · 18:07 · 1 min
Garanti Group Romania Sees 50% Jump In Profits In 2012
Banks-Insurance

Garanti Group Romania Sees 50% Jump In Profits In 2012

Garanti Group Romania reported a consolidated net profit of EUR8.3 million in 2011, the financial group said in a statement Thursday.

Florentina Dragu · 16.02.2012 · 13:18 · 1 min
Garanti Bank Romania Gets EUR18M Capital Increase
Banks-Insurance

Garanti Bank Romania Gets EUR18M Capital Increase

Turkiye Garanti Bankasi added EUR18 million to the share capital of Garanti Bank, in order to support the development operations of its Romanian subsidiary.

Andrei Cîrchelan · 29.12.2011 · 13:59 · 1 min
Fitch Assigns 'BB+' Rating To Garanti Bank; Outlook Stable
Banks-Insurance

Fitch Assigns 'BB+' Rating To Garanti Bank; Outlook Stable

Fitch Ratings Friday assigned Romania-based Garanti Bank SA a long-term issuer default rating of 'BB+', with stable outlook, and a viability rating of 'b'.

Florentina Dragu · 02.12.2011 · 15:40 · 1 min
Banks-Insurance

Garanti Bank Romania Seeks EUR22.5M Credit From IFC

Garanti Bank Romania plans to contract financing worth up to EUR22.5 million from the International Finance Corporation, a World Bank offshoot, to credit small and medium sized companies.

Andrei Cîrchelan · 31.05.2011 · 18:42 · 1 min
Banks-Insurance

Garanti Bank Romania Swings To Profit In First Quarter

Garanti Bank Romania on Wednesday said it switched to a net profit of EUR2.4 million in the first quarter, from losses in the same period a year earlier.

Florentina Dragu · 11.05.2011 · 17:56 · 1 min