Garanti Bank

Garanti Bank ("Garanti") is the second largest private bank in Turkey with $65.6 billion consolidated asset size as of December 31, 2007. Garanti provides retail, commercial, corporate and private banking services to over 6.9 million customers. As of December 2007, it operates 583 domestic branches, five foreign branches (in Luxembourg, Malta and Northern Cyprus (3), four international representative offices (in Moscow, London, Düsseldorf and Shanghai), 1,854 ATMs, a call center and an internet bank utilizing its state-of-the-art technology and focusing in customer satisfaction.

Garanti was established as a privately owned commercial bank in Ankara in 1946. In 1983, Dogus Group - one of Turkey's largest conglomerates with operations in processed food, retailing, contracting, financial services and tourism - acquired Garanti. Garanti is the leading financial institution in commercial banking in Turkey and a preferred business partner of large local companies as well as multinationals.

As a key competitive advantage, Garanti has long shown a distinguished ability for product innovation. Numerous institutions around the world have acknowledged Garanti Bank's excellence in its products and services. Garanti Bank has been the first Turkish bank to receive 'ISO 9001:2000 Quality Certificate' covering all its banking departments and functions. Garanti Bank was honored with the Euromoney Award for Excellence and has been named "Turkey's Best Bank" for the eighth time. Global Finance selected Garanti as "Europe's Best Consumer Internet Bank" in 2007.

www.garanti.com.tr