As of 31 March 2017, Garanti´s contribution to economy exceeded TL 269 billion
(WorldNews Spain)

Türkiye Garanti Bankasi A.S., announced its financial statements dated March 31, 2017. Based on the consolidated financials, in the first three months of 2017, the Bank posted a consolidated net income of TL 1.54 billion. While Garanti`s asset size reached TL 328.69 billion, its contribution to the economy through cash and non-cash lending exceeded TL 269.26 billion. The Bank`s ROAE (Return on Average Equity) improved to 18.9% and ROAA (Return on Average Assets) to 2.1%. Explore more... Commenting on the financial results, Garanti Bank`s CEO Fuat Erbil said: `We made a solid start to 2017 with a remarkable core banking performance. While maintaining our leadership in consumer lending, we grew...