09.13.2016

The European Bank for Reconstruction and Development (EBRD) granted a loan of EUR10 million to Garanti Leasing Romania to increase access to financing for small and medium-sized enterprises (SMEs) in more

08.23.2016

Garanti Bank reported net losses of RON23 million in the first half of the year, versus RON50 million profit in the year-earlier period due to the absorbing of prudential requirements related to more

08.04.2016

Garanti Bank maintains its forecast on Romania’s economic growth at 3.7% in 2016 and estimates a similar evolution for 2017, according to the bank’s macroeconomic report for the second quarter of more

06.28.2016

Multinationals are looking closely at the local environment and we have got a vote of confidence as the markets are stable, Bogdan Neacsu, Garanti Bank Romania Deputy General Manager, responsible for more

06.27.2016

Garanti Bank has completed the share capital hike by EUR22.3 million, targeting the support and financing of the lender’s organic growth on the local market, the company said in a statement on more

03.01.2016

Garanti Romania group tripled its net profit in 2015, to RON100.4 million (EUR22.5 million), mainly supported by Garanti Bank profit, of RON65.3 million, while its assets rose 16% to RON10.55 billion, more

12.15.2015

Garanti Romania group posted a net profit of RON98.5 million in January-September, up 8% on the year, while its assets rose 10% to RON9.5 billion, the company said in a statement Tuesday. more

11.25.2015

Garanti Bank on Wednesday said it granted financing of EUR8.3 million to the company Jiul SA for the former Jiul hotel in Craiova, which was reopened Tuesday under the Ramada Plaza brand. more

08.07.2015

Local subsidiaries of Turkish Garanti group posted 75 million lei (EUR17 million) net profit in the first half, flat on the year-ago period, while operating revenue and risk costs went down. more

07.28.2015

Garanti Bank head hunted Bogdan Neacsu as Chief Risk Officer (CRO), replacing Emil Vonvea, who returned to the central bank, according to sources on the market. more

05.07.2015

Garanti Bank has granted three-year EUR6 million loan to General Concrete Land Development, which aims to complete its Sunflower Grand Apartments residential project in downtown Bucharest, the bank more

04.30.2015

Garanti Romania group had consolidated net revenues of EUR39.3 million in the first quarter, up 14.9% on the year, and a net profit of EUR6.9 million, down 35%, and assets of EUR2.1 billion, 7.1% more

02.04.2015

Garanti Group Romania, a subsidiary of Turkey’s second largest bank Garanti Bankasi, reported last year revenue worth 631.5 million lei (EUR142 million), up 18.8% on the year, and a consolidated net more

12.03.2014

Fitch Ratings has placed Romania-based lender Garanti Bank's ratings on Rating Watch Positive, after a similar move on its parent bank, the agency said Wednesday. more

11.14.2014

Garanti Bank and Garanti Credite Ipotecare, the Turkish financial group's mortgage lending division in Romania, have completed their merger. more

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

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