TKGBYTurkiye Garanti Bankasi A.S.

About Turkiye Garanti Bankasi A.S. (TKGBY)

Turkiye Garanti Bankasi A.S. (TKGBY) is a Banks - Regional company headquartered in Istanbul, Turkey whose shares trade over-the-counter on the OTCQX tier.

Established in 1946, Garanti BBVA is Türkiye’s second largest private bank with consolidated assets TL 3 trillion 2 billion (USD 86.9 billion) as of December 31, 2024. Garanti BBVA constantly improves its business model and processes with operational excellence priority and keeps a close eye on financial and non-financial risks. In order to accelerate and drive its value creation; bank continues to focus on reaching more customers by being wherever customers are. As of December 31, 2024, Garanti BBVA provides a wide range of financial services to its over 27.7 million customers with total 22,664 employees including subsidiaries through an extensive distribution network of 787 domestic branches, 7 foreign branches, 6 in Cyprus and one in Malta, and 1 international representative office. Garanti BBVA offers an omnichannel convenience with seamless experience across all channels 5,820 ATMs, an award winning Call Center, internet, mobile and social banking platforms, all built on cutting-edge technological infrastructure.

Products and services

Garanti BBVA is an integrated financial services group operating in every segment of the banking sector including corporate, commercial, SME, payment systems, retail, private and investment banking together with its subsidiaries in pension and life insurance, leasing, factoring, brokerage, and asset management, besides international subsidiaries in the Netherlands and Romania.

TKGBY key facts

Ticker symbol

TKGBY

Market tier

OTCQX

Sector

Financial Services

Industry

Banks - Regional

Headquarters

Istanbul, Turkey

Country of incorporation

TR

Year of incorporation

1946

Employees

22,664

Estimated market cap

$11.55B (as of Apr 10, 2025)

Shares outstanding

4,200,000,000

Reporting standard

International Reporting: Istanbul Stock Exchange

Audit status

Audited

Fiscal year end

12/31

Latest filing

Annual Report (Dec 31, 2024)

Turkiye Garanti Bankasi A.S. leadership

• Mahmut Akten — CEO
• Aydin Guler — EVP, Fin. & Acct.
• Cemal Onaran — EVP, Commercial Banking
• Sinem Edige — EVP
• Ebru Tasci Firuzbay — EVP
• Ilker Kuruoz — CTO
• Murat Atay — Chief Risk Officer
• Yasemin Nihan Baseden — IR

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