The bank has a 2.28% market share by assets. Its assets totaled RON10.25 billion at the end of 2018, compared with RON9.98 billion at then end of 2017.
AT the end of 2018, Garanti Bank had 78 offices countrywide, the same as end-2017), 218 ATMs and 11,493 POSs.
Its client numbers dropped slightly, by 1.6%, to over 409,000 at the end of 2018, while debit and credit card numbers exceeded 302,000, the bank said.
The bank’s non-performing loan (NPL) rate stood at 4.49% at the end of 2018, compared with 5.57% end-2017, lower than the Romanian banking system’s NPL rate of 4.95% (from 6.41% end-2017).
Garanti Bank’s NPL coverage ratio stood at 64.31% end-2018, compared with 51.04% end-2017.