Turkiye Garanti Bankasi AS operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Turkiye Garanti Bankasi AS with three other
companies in this sector in Turkey:
sales of 23.43 billion Turkish Liras [US$6.56 billion]
of which 24%
was Corporate Banking, Commercial Banking & ),
Yapi ve Kredi Bankasi AS
(24.09 billion Turkish Liras [US$6.75 billion]
Turkiye Is Bankasi AS
(35.14 billion Turkish Liras [US$9.84 billion]
of which 26%
Turkiye Garanti Bankasi AS reported sales of 28.19 billion Turkish Liras (US$7.90 billion)
December of 2016.
increase of 16.4%
versus 2015, when the company's sales were 24.21 billion Turkish Liras.
Sales at Turkiye Garanti Bankasi AS have increased during each of the previous five years
(and since 2011, sales have increased a total of 91%).
Sales of Other Financial Sectors saw an increase
that was more than double the company's growth rate: sales were up
73.5% in 2016, from
152.46 million Turkish Liras to 264.53 million Turkish Liras.
Turkiye Garanti Bankasi AS also saw significant increases in sales in
Insurance (up 27.8% to 598.62 million Turkish Liras)
Factoring (up 30.8% to 103.29 million Turkish Liras)
Not all segments of Turkiye Garanti Bankasi AS experienced an increase in sales in 2016:
sales of Leasing fell 12.6% to 171.55 million Turkish Liras.
(However, this segment's sales were only a very small portion of the company's overall sales).
Turkiye Garanti Bankasi AS also experienced decreases in sales in
Other Non-Financial (down 10.1% to 230.65 million Turkish Liras)