The group also posted net revenues of RON535.4 million in 2015.

Garanti Bank’s total volume of loans increased 15.7% last year, to EUR6.74 billion, while the bank’s deposits grew 40% to RON5.73 billion.

Corporate loans rose 28% last year, followed by SMEs loans, with an 8.6% increase and retail loans, with a 10.8% growth.

Garanti Bank market share also increased last year, thus is climbed to the tenth position in the local banking system, according to its own data.

Garanti group, owned by Turkish bank Turkiye Garanti Bankasi (TGB), has over 500,000 clients and includes Garanti Bank, Garanti Leasing and Garanti Credite de Consum.