Turkiye Garanti Bankasi AS (TKGBF.PK)
* BBVA has entered today into an agreement for acquisition from Dogus Holding a.s. and Dogus Arastirma Gelistirme ve Musavirlik Hizmetleri a.s. of 41,790,000,000 shares of Turkiye Garanti Bankasi amounting to 9.95 percent of the total issued share capital of Garanti Bank at a total consideration of 7.95 Turkish Liras per share
MADRID, Feb 21 Spain's second-biggest lender BBVA said on Tuesday it had agreed to buy an extra 9.95 percent of Turkey's Garanti Bank from Dogus Holding for 859 million euros ($905 million), bringing its stake to just under 50 percent.
(The following statement was released by the rating agency) LONDON, February 10 (Fitch) Fitch Ratings has revised Romania-based Garanti Bank S.A.'s (GBR) Outlook to Stable from Negative, and affirmed the Long and Short-Term Issuer Default Ratings (IDRs) at 'BBB-'/'F3' and Support Rating at '2'. GBR's Viability Rating of 'b+' is not affected by this rating action. Fitch has revised its assumptions regarding the source of support for GBR's ratings following the rating action taken on its dire
ISTANBUL, Jan 31 Turkish lender Garanti Bank on Tuesday posted a net profit of 5.07 billion lira ($1.35 billion) for 2016, up from 3.4 billion lira in 2015 and in line with a Reuters poll forecast of 5.03 billion lira.
ISTANBUL, Jan 11 Turkish lender Garanti Bank expects loan growth to be around 11 percent this year while its non-performing loans ratio is seen at around 3 percent, it said on Wednesday.
ISTANBUL, Nov 28 Turkey's Garanti Bank said on Monday it had signed on Nov. 23 a 367-day syndicated loan deal worth $1.3 billion in two tranches of $626 million and 615.5 million euros.
ISTANBUL, Oct 24 Turkish lender Garanti Bank said on Monday it posted a net profit of 1.33 billion lira ($432.53 million) in the third quarter, up more than double from the 530.3 million lira in the same period last year.
(The following statement was released by the rating agency) LONDON, September 02 (Fitch) Fitch Ratings has revised Garanti Bank S.A.'s (GBR) Outlook to Negative from Stable, and affirmed the Long and Short-Term Issuer Default Ratings (IDRs) and Support Rating (SR). GBR's Viability Rating is not affected by this rating action. A full list of rating actions is available at the end of this commentary. The Outlook revision for GBR's support-driven Long-Term IDR to Negative from Stable follows t