GARANTIBANK INTERNATIONAL NV - PREZENTARE

label Financiar autorenew 2025-09-29, 16:53
General Electric, the new strong co-shareholder of our parent bank, GarantiBank Turkey!! GarantiBank International N.V. is owned by GarantiBank Turkey, one of the three largest financial institutions of Turkey. In December 2005 General Electric Consumer Finance, owned by the well-known American corporation General Electric (the largest company of the world) acquired 25.5% of our parent bank's shares. General Electric and Garanti Bank are a perfect match because the expertise and products of the two companies complement each other to form a point of departure for future product development within Europe and even outside. Obviously the participation of General Electric generates a much more solid shareholder structure for GarantiBank International N.V. Please go to www.geconsumerfinance.com to have a better insight of General Electric Consumer Finance. GarantiBank International N.V. in Romania is a young team of highly trained professionals who are happy to lend an ear to every client’s need and offer a structure of tailor-made solutions for his business; Garanti meaning ultimately a bank in your size. With a view for developing future projects in the Romanian market, the Bank is to open new branches in Bucharest and in other major cities like Constanta, Galati, Timisoara as well as to diversify its activity into commercial banking products to meet the requirements of Romanian domestic business. This is a way to express the Romanian clients’ confidence in the dynamic and efficient GarantiBank International N.V.’s services and the general recognition of its solid expertise. It is the trust and satisfaction of the customers which made GarantiBank International N.V. what it is today and will become tomorrow. In the first quarter of 2002, the consolidated trade finance volume of the bank reached EUR 776 million showing an increase of 68 % compared to 2001. On the other hand, we, as Romania branch managed to increase the trade finance volume by 57 %, up to EUR 110 million compared to 2001. This trend emphasizes the growth strategy of GarantiBank International N.V. in Romania. We strongly believe that, we have fundamentals and opportunity in increasing the trade finance activities in this region. Furthermore, a new desk, which was created in Amsterdam in this year, will enable us to be more active in structured trade finance market segment. Besides the know-how in trade & commodity finance and forfaiting markets, we are aiming to grow in the field of structured trade finance. Besides trade finance products for corporate clients, the bank is about to open a new branch in Bucharest to tap the local business opportunities in the market. We will also launch products and services for Romanian companies active in domestic trade. CONTACT:GarantiBank International Bucharest Branch Paris Street 30 Sector 1 Bucharest Romania Tel +40 (21)230 84 30 +40 (21)208 92 60 Fax +40 (21)318 56 90 Swift ugbirobu info@garantibank.ro