Edition:
United States

Turkiye Garanti Bankasi AS (GARAN.IS)

GARAN.IS on Istanbul Stock Exchange

11.83TRY
22 Feb 2018
Change (% chg)

-0.02TL (-0.17%)
Prev Close
11.85TL
Open
11.90TL
Day's High
11.94TL
Day's Low
11.78TL
Volume
32,161,832
Avg. Vol
42,459,987
52-wk High
12.75TL
52-wk Low
8.57TL

Latest Key Developments (Source: Significant Developments)

Garanti Bankasi To Pay Gross Dividend Of 0.42 Lira Per Share
Wednesday, 31 Jan 2018 10:14am EST 

Jan 31 (Reuters) - GARANTI BANKASI ::PROPOSE TO PAY GROSS DIVIDEND OF 0.42 LIRA PER SHARE.  Full Article

Garanti Bankasi Fy 2017 Net Profit Increases To 6.34 Bln
Wednesday, 31 Jan 2018 10:12am EST 

Jan 31 (Reuters) - GARANTI BANKASI ::FY 2017 NET PROFIT OF 6.34 BILLION LIRA VERSUS 5.07 BILLION LIRA YEAR AGO.FY NET INTEREST INCOME OF 14.47 BILLION LIRA VERSUS 11.10 BILLION LIRA YEAR AGO.FY NET FEE AND COMMISSION INCOME 3.68 BILLION LIRA VERSUS 3.15 BILLION LIRA YEAR AGO.NON-PERFORMING LOANS AT THE END OF 2017 5.41 BILLION LIRA VERSUS 5.27 BILLION LIRA YEAR AGO.  Full Article

Garanti Bankasi Expectations and Forecasts For 2018‍​
Tuesday, 9 Jan 2018 05:01am EST 

Jan 9 (Reuters) - GARANTI BANKASI ::SEES ASSET GROWTH ABOUT 10 PERCENT ‍​.SEES LOAN GROWTH ABOUT 14-15 PERCENT FOR 2018‍​.SEES NON-PERFORMING LOAN RATIO AT ABOUT 3.0 PERCENT FOR 2018 AND STRONG COLLECTION PERFORMANCE TO BE MAINTAINED.SEES ROAE MORE THAN 16.5 PERCENT AND ROAA MORE THAN 2.2 PERCENT FOR 2018.  Full Article

Garanti Bankasi Secures Loan Worth Of USD 285.7 Mln With 5 Years Tranche
Wednesday, 20 Dec 2017 01:08am EST 

Dec 20 (Reuters) - TURKIYE GARANTI BANKASI ::SECURES LOAN WORTH OF USD 285.7 MILLION WITH A MATURITY OF 5 YEARS .SECURES LOAN THROUGH FUTURE FLOW TRANSACTION UNDER ITS DIVERSIFIED PAYMENT RIGHTS PROGRAM TOGETHER WITH THE TREASURY FINANCING TRANSACTION.  Full Article

Garanti Bankasi To Sell NPL Portfolio At 17.5 Mln Lira‍​
Friday, 15 Dec 2017 05:00am EST 

Dec 15 (Reuters) - Garanti Bankasi ::TO SELL NON-PERFORMING LOANS WORTH 294.1 MILLION LIRA TO SUMER VARLIK AND HAYAT VARLIK AT 17.5 MILLION LIRA‍​.  Full Article

Garanti Bankasi secures loan at $145 mln with 2 years and 1 week tranche
Monday, 27 Nov 2017 01:57am EST 

Nov 27 (Reuters) - TURKIYE GARANTI BANKASI ::REPORTED ON FRIDAY SECURES LOAN WORTH OF $145 MILLION WITH 2 YEARS AND 1 WEEK TRANCHE .  Full Article

Garanti Bankasi Q3 net profit rises to 1.57 billion lira
Thursday, 26 Oct 2017 11:11am EDT 

Oct 26 (Reuters) - GARANTI BANKASI ::Q3 NET PROFIT OF 1.57 BILLION LIRA VERSUS 1.33 BILLION LIRA YEAR AGO.Q3 NET INTEREST INCOME OF 3.62 BILLION LIRA VERSUS 2.88 BILLION LIRA YEAR AGO.Q3 NET FEE AND COMMISSION INCOME 964.7 MILLION LIRA VERSUS 795.9 MILLION LIRA YEAR AGO.NON-PERFORMING LOANS AT END-SEPT. 5.45 BILLION LIRA VERSUS 5.27 BILLION LIRA AT END-DEC 2016.  Full Article

Garanti Bankasi secures $250 mln within the framework of international borrowing program
Tuesday, 10 Oct 2017 03:12am EDT 

Oct 10 (Reuters) - TURKIYE GARANTI BANKASI AS ::SAID ON MONDAY SECURED $250 MILLION LOAN WITH A MATURITY OF 5 YEARS WITHIN THE FRAMEWORK OF ITS INTERNATIONAL BORROWING PROGRAM.  Full Article

Garanti Bankasi signs agreement to secure EUR 200 million equivalent
Monday, 2 Oct 2017 11:10am EDT 

Oct 2 (Reuters) - GARANTI BANKASI ::SIGNS AN AGREEMENT TO SECURE A EUR 200 MILLION EQUIVALENT WITH 5 OR 6 YEARS MATURITY UNDER COVERED BOND PROGRAMME‍​.THE PROCEEDINGS OF THE LOAN WILL BE USED FOR SME FINANCING.  Full Article

Garanti Bankasi faces fine and damage claim from French court and treasury
Wednesday, 20 Sep 2017 06:00am EDT 

Sept 20 (Reuters) - GARANTI BANKASI ::FACES FINE OF EURO 8 MILLION IN CASE IN FRANCE WITH RESPECT TO ACCOUNT CLOSURE ACTIONS TAKEN BY BANK IN MID-2009 ‍​.THE BANK, JOINTLY WITH THE OTHER DEFENDANTS, WILL BE SUBJECT TO PAYMENT OF A DAMAGES CLAIM OF THE FRENCH TREASURY UP TO EURO 25 MILLION‍​.DISAGREES WITH THE JUDGMENT AND CURRENTLY INTENDS TO FILE AN APPEAL.THE LITIGATION IS RELATING TO TAX CARBON-TRADING FRAUD ALLEGATIONS AGAINST A NUMBER OF INDIVIDUALS PENDING BEFORE THE TRIBUNAL DE GRANDE INSTANCE OF PARIS.  Full Article

Multiple buyers interested in Turk Telekom stake, Garanti CEO says

ISTANBUL Multiple buyers are interested in buying Turk Telekom's stake, Turkey's Garanti Bank chief executive Ali Fuat Erbil said on Friday, after Oger Telecom failed to make three payment on a $4.75 billion loan it secured to acquire 55 percent stake in Turkish fixed-line operator.