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Turkiye Garanti Bankasi AS (GARAN.IS)

GARAN.IS on Istanbul Stock Exchange

10.03TRY
14 Dec 2017
Change (% chg)

-0.14TL (-1.38%)
Prev Close
10.17TL
Open
10.17TL
Day's High
10.17TL
Day's Low
10.03TL
Volume
30,927,224
Avg. Vol
39,993,444
52-wk High
11.10TL
52-wk Low
7.34TL

Latest Key Developments (Source: Significant Developments)

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

Garanti Bankasi sells NPL portfolio of 224.5 mln lira for 14 mln lira
Thursday, 22 Jun 2017 03:05am EDT 

June 22 (Reuters) - TURKIYE GARANTI BANKASI AS ::HAS SOLD ITS NPL PORTFOLIO OF 114.5 MILLION LIRA AS OF MAY 17, 2017 TO SÜMER VARLIK YÖNETIM FOR 10.6 MILLION LIRA.NPL IS ARISING FROM CREDIT CARDS, GENERAL PURPOSE LOANS, OVERDRAFT LOANS AND EXPENSES.SELLS ANOTHER NPL OF 110.0 MLN LIRA AS OF MAY 22, TO DESTEK VARLIK YÖNETIM FOR 3.4 MILLION LIRA.THE SECOND NPL IS ARISING FROM COMMERCIAL LOANS, CREDIT CARDS, CHEQUE ACCOUNTS, INSURANCE RECEIVABLES, OVERDRAFT LOANS AND EXPENSES.  Full Article

Garanti Bankasi signs financing deal with IFC for $150 mln equivalent in lira
Thursday, 1 Jun 2017 11:10am EDT 

June 1 (Reuters) - GARANTI BANKASI :SIGNS AN AGREEMENT TO SECURE $150 MILLION EQUIVALENT TO TURKISH LIRA FINANCING, WITH 5 YEARS MATURITY FROM INTERNATIONAL FINANCE CORPORATION (IFC) UNDER COVERED BOND PROGRAMME.  Full Article

Garanti Bankasi Q1 net profit up at 1.53 bln lira
Wednesday, 26 Apr 2017 11:12am EDT 

April 26 (Reuters) - Garanti Bankasi ::Q1 net profit of 1.53 billion lira ($426.54 million) versus 1.04 billion lira year ago.Q1 net interest income of 3.19 billion lira versus 2.49 billion lira year ago.Q1 net fee and commission income 874.8 million lira versus 781.1 million lira year ago.Non-Performing loans at the end of march 5.37 billion lira.  Full Article

Garanti Bankasi sells 109.8 mln lira worth NPL portfolio
Thursday, 23 Mar 2017 11:11am EDT 

Garanti Bankasi :Sells non-performing loan portfolio of 109.8 million lira ($30.30 million) to Sumer Varlik Yonetim at 9.0 million lira.  Full Article

BRIEF-Garanti Bankasi To Sell NPL Portfolio At 17.5 Mln Lira‍​

* TO SELL NON-PERFORMING LOANS WORTH 294.1 MILLION LIRA TO SUMER VARLIK AND HAYAT VARLIK AT 17.5 MILLION LIRA‍​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)