09.23.2013

Victorio-Alexandru Piturca is investing between EUR1.3 and EUR1.5 million in a photovoltaic park in Olt county (southern Romania), which is due to be completed in nearly a month. more

09.02.2013

Garanti Group Romania, a subsidiary of Turkey’s second largest bank Garanti Bankasi, Monday said its consolidated net profit more than doubled on the year to EUR19.8 million in the first half, more

08.06.2013

Garanti Bank Romania, a subsidiary of Turkey’s second largest bank Garanti Bankasi, appointed Cagri Memisoglu to the position of deputy general manager. more

06.20.2013

Garanti Bank estimates Romania’s central bank will likely reduce its key interest rate by 75 basis points this year amid improved inflationary expectations. more

04.30.2013

Garanti Group Romania, a subsidiary of Turkey’s second largest bank Garanti Bankasi, Tuesday said its consolidated net profit rose roughly 70% on the year to EUR9.9 million in the first quarter, more

03.25.2013

Romania’s economy will likely increase by 1.7% in 2013, from a meager growth of 0.3% a year earlier, helped by stronger investments and a higher absorption rate of European funds, according to more

02.12.2013

Garanti Leasing, part of Garanti Romania, is launching its first financing line in lei for vehicles, equipment and real estate, and estimates to give loans of 10 million lei (EUR2.27 million) this more

02.01.2013

Garanti Bank Romania Friday said it has switched to a loss of EUR21.6 million in 2012, versus profit a year earlier, hurt by higher provisions. more

12.21.2012

Fitch Ratings Friday upgraded Romania-based Garanti Bank SA’s long-term issuer default rating to 'BBB-' with stable outlook, from 'BB+', following the upgrade of the bank's ultimate parent last more

11.12.2012

Garanti Bank Romania increased its share capital by EUR20 million through cash subscription from its mother-bank Turkiye Garanti Bankasi (TGB), the lender said in a statement Monday. more

11.07.2012

Romania’s central bank has approved the appointment of Ufuk Tandoğan as general manager of Garanti Bank Romania, to replace Murat Atay, who has taken over the management of Garanti Mortgage in more

10.04.2012

The International Finance Corporation (IFC), the private lending arm of the World Bank, has extended a $15 million credit line to Romanian Banca Transilvania (TLV.RO) for onlending to micro companies more

07.09.2012

Murat Atay, CEO of Garanti Group Romania, has been appointed to the management of Garanti Mortgage Turkey, and will be replaced with Ufuk Tandogan, a banker who has been working in Garanti Turkey for more

05.03.2012

The International Finance Corporation (IFC), the private lending arm of the World Bank, has extended a $15 million credit line to Romanian Garanti Bank to extend its trade finance business. more

04.26.2012

Garanti Bank Romania reported a consolidated net profit of EUR5.8 million in the first quarter of the year, up over 80% from the same period a year earlier. more

02.23.2012

Lender Garanti Bank Romania on Thursday said it will grant financing worth a total EUR22.5 million, targeting small- and medium-sized companies, especially those owned or managed by women, following a more

02.16.2012

Garanti Group Romania reported a consolidated net profit of EUR8.3 million in 2011, the financial group said in a statement Thursday. more

12.29.2011

Turkiye Garanti Bankasi added EUR18 million to the share capital of Garanti Bank, in order to support the development operations of its Romanian subsidiary. more

12.02.2011

Fitch Ratings Friday assigned Romania-based Garanti Bank SA a long-term issuer default rating of 'BB+', with stable outlook, and a viability rating of 'b'. more

09.23.2011

The new regulations Romania’s central bank (BNR) has prepared for household lending will certainly lead to a decline of the retail banking business, says Murat Atay, general manager of Garanti Bank more

09.19.2011

Less than a year after starting operations as a Romanian bank, Garanti Bank recorded profit, in line with the bank’s medium and long term international strategy, says Murat Atay, the bank’s more

05.31.2011

Garanti Bank Romania plans to contract financing worth up to EUR22.5 million from the International Finance Corporation, a World Bank offshoot, to credit small and medium sized companies. more

05.19.2011

Garanti, one of Turkey's biggest financial groups, prefers an organic growth in the future on the Romanian market after last year it turned the local branch into a subsidiary licensed by the Romanian more

05.11.2011

Garanti Bank Romania on Wednesday said it switched to a net profit of EUR2.4 million in the first quarter, from losses in the same period a year earlier. more