The lender ranks tenth on the local market, with a total assets volume of RON8.5 billion.
Garanti group, owned by Turkish bank Turkiye Garanti Bankasi (TGB), includes Garanti Bank, Garanti Leasing and Garanti Credite de Consum.
Garanti Bank has completed the share capital hike by EUR22.3 million, targeting the support and financing of the lender’s organic growth on the local market, the company said in a statement on Monday.