About Garanti BBVA
Garanti BBVA is a company based in Istanbul (Turkey) founded in 1946.. The company has 19,680 employees as of December 31, 2024. Garanti BBVA has completed 2 acquisitions, including JCR Eurasia Rating and Turk Telekom. Garanti BBVA offers products and services including Deposit Services, Loan Services, Credit Card Services, and Investment Services. Garanti BBVA operates in a competitive market with competitors including Bank of America, Scotiabank, Fibabanka, UniCredit and Akbank, among others.
- Headquarter Istanbul, Turkey
- Employees 19680 as on 31 Dec, 2024
- Stage Public
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Turkiye Garanti Bankasi Anonim Sirketi
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Annual Revenue
$19.87 B (USD)110.37as on Dec 31, 2024
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Net Profit
$2.58 B (USD)5.64as on Dec 31, 2024
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EBITDA
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Latest Funding Round
$79 M (USD), Debt – Conventional
Mar 15, 2017
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Investors
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Employee Count
19680
as on Dec 31, 2024
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Investments & Acquisitions
JCR Eurasia Rating
& 1 more
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IPO & Listings of Garanti BBVA
Garanti BBVA is a publicly listed company on the BIST with ticker symbol GARAN in Turkey, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Garanti BBVA
Garanti BBVA offers a comprehensive portfolio of products and services, including Deposit Services, Loan Services, Credit Card Services, and Investment Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Services for saving and managing money through accounts
Provides loans for personal and business financial needs
Offers cards for transactions and rewards programs
Tools for investing in funds and securities
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Software Development Team
41 people
Sales and Marketing
15 people
Product Management Team
15 people
Data Analysis and Operations Team
14 people
Leadership Team
13 people
Board Team
12 people
Human Resources and Administration
10 people
Retail Team
7 people
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Funding Insights of Garanti BBVA
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $79.0M
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First Round
First Round
(15 Mar 2017)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2017 | Amount | Debt – Conventional - Garanti BBVA | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Garanti BBVA
Garanti BBVA has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include JCR Eurasia Rating and Turk Telekom. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Credit ratings for companies are provided via a financial database.
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2007 | ||||
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Internet, television, and telephony services are provided in Turkey.
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1840 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Garanti BBVA
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Garanti Bbva Comparisons
Competitors of Garanti BBVA
Garanti BBVA operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Bank of America, Scotiabank, Fibabanka, UniCredit and Akbank, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Commercial banking and asset management services are offered worldwide.
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| domain | founded_year | HQ Location |
Commercial banking services are provided internationally by Scotiabank.
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| domain | founded_year | HQ Location |
Commercial bank
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| domain | founded_year | HQ Location |
Commercial bank
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| domain | founded_year | HQ Location |
Commercial bank with presence in turkey
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Garanti Bbva
Frequently Asked Questions about Garanti BBVA
When was Garanti BBVA founded?
Garanti BBVA was founded in 1946 and raised its 1st funding round 71 years after it was founded.
Where is Garanti BBVA located?
Garanti BBVA is headquartered in Istanbul, Turkey.
Who is the current CEO of Garanti BBVA?
Recep Bastug is the current CEO of Garanti BBVA.
How many employees does Garanti BBVA have?
As of Dec 31, 2024, the latest employee count at Garanti BBVA is 19,680.
What is the annual revenue of Garanti BBVA?
Annual revenue of Garanti BBVA is $19.87B as on Dec 31, 2024.
What does Garanti BBVA do?
Garanti BBVA was established in 1946 and is headquartered in Istanbul, Turkey. Operations in the commercial banking sector encompass a range of financial offerings, such as credit cards, consumer and corporate banking, investment banking, mortgage loans, private banking, pensions, life insurance, and asset management. These services are extended to individuals and businesses primarily within Turkey.
Who are the top competitors of Garanti BBVA?
Garanti BBVA's top competitors include Scotiabank, Bank of America and Akbank.
What products or services does Garanti BBVA offer?
Garanti BBVA offers Deposit Services, Loan Services, Credit Card Services, and Investment Services.
Is Garanti BBVA publicly traded?
Yes, Garanti BBVA is publicly traded on BIST under the ticker symbol GARAN.
How many acquisitions has Garanti BBVA made?
Garanti BBVA has made 2 acquisitions, including JCR Eurasia Rating, and Turk Telekom.
What is Garanti BBVA's ticker symbol?
The ticker symbol of Garanti BBVA is GARAN on BIST.
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