Garanti BBVA
About Garanti BBVA Romania
Garanti BBVA is part of the Garanti BBVA Group Romania, which consists also of Garanti BBVA, Garanti BBVA Leasing (the brand under which Motoractive IFN SA operates), Garanti BBVA Fleet Management (the brand under which Motoractive Multiservices S.R.L. operates), which complete the bank’s offer with specific leasing products (financial leasing – vehicles, equipment, real estate – sale & leaseback), fleet administration services, as well as consumer loans.
Present in Romania since 1998, Garanti BBVA has developed over time a solid banking products and services portfolio for all business segments: Retail, SME and Corporate, an increasing and diverse client portfolio, and an expanded national branch network.
Garanti BBVA is committed to staying at the forefront of the wave of digitalization, through continuous investments in cutting-edge technology and innovation. We have consistently developed and optimized our online and mobile banking platforms, in order to ensure a friendly user experience that efficiently meets the diverse needs of our customers.
We have implemented advanced features, the latest being the digital consultant GIA, available in both Romanian and English, which can provide information for individuals, SMEs, and the corporate sector. All these innovative solutions contribute to enhancing the security and convenience of using our services. Additionally, we have paid close attention to customer feedback, continuously adapting and improving the services offered to ensure they meet our clients’ expectations and requirements.
In 2021, Garanti BBVA was selected and recognized for the third time as a Superbrand in Romania, having previously received the same distinction in 2017-2018 and 2019-2020. In 2023, Garanti BBVA was awarded for the 14th time in the prestigious international competition organized by Global Finance Magazine, which designates the best digital banks in the world.
Garanti BBVA Romania is held by Garanti BBVA, the second largest private bank in Türkiye, per consolidated asset size. The Spanish financial group Banco Bilbao Vizcaya Argentaria (BBVA) is the majority shareholder of Garanti BBVA.
Rating
| Foreign Currency | |
|---|---|
| Long-Term IDR | 'BB' |
| Short-Term IDR | 'B' |
| Shareholder Support Rating(SSR) | 'bb-' |
| Viability Rating | 'bb' |
| Outlook | Stable |
Fitch (As of November 22nd, 2024)
Shareholding Structure
| Name | Number of Shares | Share(%) |
|---|---|---|
| G Netherlands B.V. | 1,208,046,943 | 99.9967 |
| Garanti Holding B.V. | 40,003 | 0.0033 |
| TOTAL | 1,208,086,946 | 100 |
The Bank’s immediate parent is G. Netherlands B.V., a private company with limited liability with registered office in Amsterdam, Netherlands, which is owned 100% by Garanti BBVA Turkey (“Parent Bank”).
