Turkiye Garanti Bankasi A.S. (TKGBY)

[Penny Roger$]

Turkiye Garanti Bankasi AS (the Bank) is a Turkey-based company that provides corporate, commercial and retail banking services. It provides services through a network of 853 domestic branches, six foreign branches, and four representative offices abroad. The main business segments are banking, leasing, insurance, factoring, and other financial and non-financial sectors. Banking segment includes retail banking and commercial, corporate and small and medium size enterprises banking as these are the major banking activities. Other operations heading under the banking segment include mainly treasury and investment banking activities, as well as unallocated income and expense items. Among its subsidiaries are Garantibank International N.V., Garanti Bank SA, Garantibank Moscow, Garanti Securities, Garanti Factoring and Garanti Asset Management.

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