Turkiye Garanti Bankasi A.S. operates in the Foreign bank & branches & agencies sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Turkiye Garanti Bankasi A.S. with three other
banks in North America:
State Street Corporation
(2012
sales of $9.57 billion
of which 89%
was Investment Servicing),
National Bank of Greece, S.A.
($9.17 billion
of which 26%
was Turkish Banking Operations), and
ABSA Group Limited
($9.28 billion
of which 26%
was Retail and Business Banking).
Sales Analysis.
Turkiye Garanti Bankasi A.S. reported sales of $9.76 billion
for the
year ending
December of 2012.
This
represents
an
increase of 10.9%
versus 2011, when the company's sales were $8.81 billion.
Sales of Other Non-Financial saw an increase
that was more than double the company's growth rate: sales were up
71.1% in 2012, from
$14.58 million to $24.94 million.
Turkiye Garanti Bankasi A.S. also saw significant increases in sales in
Factoring (up 37.2% to $35.10 million)
.
Not all segments of Turkiye Garanti Bankasi A.S. experienced an increase in sales in 2012:
sales of Other Financial fell 24.8% to $46.44 million.
(However, this segment's sales were only a very small portion of the company's overall sales).
Turkiye Garanti Bankasi A.S. also experienced decreases in sales in
Banking (down 9.9% to $4.33 billion)
.
Business Description