11.06.2014

Fitch Ratings on Thursday affirmed BRD-Groupe Societe Generale and Banca Comerciala Romana long-term issuer default ratings at 'BBB+' and Garanti Bank long-term issuer default rating at 'BB+', 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

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

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

11.06.2013

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

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

02.01.2013

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

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