Turkiye Garanti Bankasi A.S. Reports Audited Consolidated Earnings Results for the Year Ended December 31, 2016
January 31, 2017 at 10:01 pm IST
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Turkiye Garanti Bankasi A.S. reported audited consolidated earnings results for the year ended December 31, 2016. For the year, the company reported total operating income of TRY 16,901,346 against TRY 13,901,670 a year ago. Total operating profit was TRY 16,901,346 against TRY 13,901,670 a year ago. Net operating profit was TRY 6,481,862 against TRY 4,654,088 a year ago. Net profit was TRY 5,147,759 against TRY 3,615,114 a year ago.
Turkiye Garanti Bankasi AS is a Turkey-based banking institution. It operates under the following business segments: Retail Banking, Corporate/Commercial Banking and Investment Banking. The banking products served to customers are: custody services, time and demand deposits, accumulating deposit accounts, repos, overdraft facilities, spot loans, foreign currency indexed loans, consumer loans, automobile and housing loans, working capital loans, discounted bills, gold loans, foreign currency loans, Eximbank loans, pre-export loans, Export Credit Agency (ECA) covered financing, letters of guarantee, letters of credit, export factoring, acceptance credits, draft facilities, forfeiting, leasing, insurance, forward, futures, salary payments, investment account (ELMA), cheques, safety boxes, bill payments, tax collections and payment orders. The Bank provides service packages to its corporate, commercial and retail customers including deposit, loans, leasing and factoring, among others.
TURKIYE GARANTI BANKASI 
