Garanti BBVA is a privately-owned bank established in Ankara in 1946. As of September 30, 2014, with consolidated assets reaching 107 billion USD, it is Turkey’s second largest private bank.
| Country | TURKEY |
|---|---|
| Country Flag |  |
| Founded | June 21, 1946 |
| Founders | Mahmut Nedim İrengün and Halil Naci Mıhçıoğlu |
| Industry | Financial Services |
| Number of Employees | 18,656 (2020) |
Which Country Is Garanti BBVA From?
Founded on June 21, 1946 in Ankara by Mahmut Nedim İrengün and Halil Naci Mıhçıoğlu, it is a Turkish brand.
Who Owns Garanti BBVA?
The transfer of Doğuş Holding’s 14.89% stake in Garanti Bank (Garanti BBVA) to Banco Bilbao Vizcaya Argentaria (BBVA) was officially completed. Following the transfer, BBVA’s share in Garanti rose to 39.9%, while Doğuş Holding’s share decreased to 10%.
What Is Garanti BBVA’s Annual Revenue?
Turkey’s Garanti Bank A.Ş. closed 2021 with a net profit of 13.1 billion TRY, increasing its profit by 45% annually compared to 2020.
