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

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