Turkiye Garanti Bankasi AS (OTC:TKGBY)
Industry: Financial

T rkiye Garanti Bankasi A.S. provides retail, commercial, corporate, and small and medium size enterprises (SME) banking services. It offers current accounts, savings accounts, time deposit accounts, term deposits, structured deposit accounts, and accumulating accounts, as well as mutual funds, T-bills/government bonds, Eurobonds, repos, equities, dual currency deposits, Turkish derivatives exchange accounts, and forwards. The company also provides loan products comprising general purpose, auto, revolving, POS, house, spot TL, spot FX, discount, SME banking support, SME project, installment, working capital, foreign currency, foreign currency indexed, foreign currency check redemption, and gold-backed loans; overdraft accounts; letters of guarantee and reference; and mortgage products. In addition, it offers SME and import factoring, supplier and export financing, and financial leasing services; debit and credit cards, business cards, and safety boxes; money transfers, salary and tax payments, bill payments, payment orders, and check payment services; and check, bill, and POS collections services. Further, the company provides auto, liability, health, unemployment, life, house, accident, business premises, fire, freight, engineering, liability, loan, and agricultural insurance products, as well as private and group pension products. Additionally, it offers private and corporate banking, cash management, fleet management, asset management, and Internet and telephone banking services; and engages in treasury and investment banking activities. The company operates through a network of 921 branches in Turkey; 7 foreign branches in Cyprus, Luxembourg, and Malta; and 3 representative offices in London, D sseldorf, and Shanghai, as well as approximately 3,500 ATMs. It operates in Turkey, the Netherlands, Romania, Russia, the Turkish Republic of Northern Cyprus, Malta, Luxembourg, and Germany. The company was founded in 1946 and is headquartered in Istanbul, Turkey.