10.27.2014

International Finance Corporation, a member of the World Bank Group, has granted a EUR7 million credit line to Garanti Leasing Romania for the financing of SMEs, of which EUR4 million to be allotted more

10.01.2014

Garanti Leasing, the financial leasing division of Garanti Romania, gave new financing of EUR36.2 million in the first half of the year, up 68% on the year, in a leasing market that rose 22% in the more

08.05.2014

Garanti Bank Romania will open a unit in capital Bucharest, in shopping center AFI Palace Cotroceni, which targets individual and SMEs customers. more

07.28.2014

Garanti Group Romania, a subsidiary of Turkey’s second largest bank Garanti Bankasi, Monday said its consolidated net profit fell 15% to EUR16.9 million in the first half, from EUR19.8 million a more

07.24.2014

Garanti Bank registered a 20% annual average growth of the loans granted to small and medium-sized enterprises between 2010 and 2014, reaching EUR300 million in June, out of which 12% of loans were more

07.22.2014

Garanti Bank Romania has revised upward its forecast on the country’s economic growth to 2.9% in 2014, from 2.6% previously, citing a better-than-expected performance during the first quarter and more

07.18.2014

Spanish-held developer Gran Via started works for another two apartment blocks in western Bucharest after completing works on a first building several months ago, as it secured financing from Garanti more

07.03.2014

Financial leasing company Garanti Leasing on Thursday said it took out a loan of EUR7 million from the European Fund for Southeast Europe (EFSE) to finance fixed assets on the segment of small and more

07.02.2014

Fitch Ratings on Wednesday said it has downgraded its long- and short-term ratings on Garanti Bank Romania to 'BB+' and 'B', from 'BBB-' and 'F3', respectively, following a similar revision of the for more

06.25.2014

Garanti Bank Romania, a subsidiary of Turkey’s second largest bank Garanti Bankasi, on Wednesday said its five-year unsecured bonds issued earlier this month were admitted to trading on the more

06.17.2014

Garanti Bank granted a EUR4 million loan to FF Group Romania (former Elmec Romania), for a real estate project downtown Bucharest, an investment worth approximately EUR5 million. more

06.16.2014

The International Finance Corporation, the private sector lending arm of the World Bank Group, approved a EUR35 million loan to Garanti Bank Romania to help finance the country’s small and medium more

06.03.2014

The European Bank for Reconstruction and Development has subscribed bonds worth 45 million lei (some EUR10.2 million) in an unsecured bond issue of Garanti Bank Romania ended May 27, the international more

05.28.2014

Garanti Bank Romania, a subsidiary of Turkey’s second largest bank Garanti Bankasi, has raised 300 million lei (EUR68.2 million) at a five-year bond issue launched May 26, at an annual interest rate more

05.13.2014

Garanti Group Romania, a subsidiary of Turkey’s Garanti Bankasi, said Tuesday its consolidated net profit rose 7.4% on the year to EUR10.6 million in the first quarter of 2014, its net revenues more

05.08.2014

Garanti Leasing has signed a five-year loan agreement for EUR7.5 million with Black Sea Trade and Development Bank (BSTDB), which it plans to use to continue lending to small and medium-sized more

04.24.2014

Three local banks, Raiffeisen, Pro Credit and Garanti, are preparing 760 million lei (EUR170 million) bond issues to be listed on the Bucharest Stock Exchange. more

03.24.2014

South-African property investment fund New Europe Property Investments, or NEPI (NEP.RO), got a EUR20 million loan from Garanti Bank to refinance its investment in a shopping mall in Galati, opened at more

03.19.2014

The European Investment Bank (EIB) Wednesday said it will lend up to EUR50 million to Garanti Bank Romania to finance projects promoted by small and medium-sized enterprises (SMEs), mid-cap companies more

03.12.2014

Garanti Bank and Garanti Mortgage (Domenia Credit IFN SA) Wednesday announced that they started formal procedures for the merger of the two companies in Romania, which is expected to be completed by more

02.11.2014

Garanti Group Romania, a subsidiary of Turkey’s second largest bank Garanti Bankasi, Tuesday reported a consolidated net profit of EUR27 million in 2013, versus losses a year earlier, as its prize more

12.04.2013

Garanti Bank Wednesday said it granted a EUR10 million loan to Romanian power supplier and energy trader Tinmar to refinance its investment in a solar power plant. more

11.21.2013

The Romanian leasing market could stagnate this year at EUR1.3 billion, although leasing companies were hoping for a 10% growth in the industry at the beginning of the year, Garanti Leasing sales more

11.21.2013

Garanti Group Romania has extended by five years its rental contract in Bucharest’s office compound Novo Park, which hosts the group’s headquarters. more

11.06.2013

Garanti Group Romania, a subsidiary of Turkey’s second largest private bank Garanti Bankasi, Wednesday said its consolidated net profit more than doubled on the year to EUR26.3 million in the first more