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:
Turkiye Halk Bankasi As
sales of 42.73 billion Turkish Liras [US$7.27 billion]
of which 47%
Yapi ve Kredi Bankasi AS
(42.33 billion Turkish Liras [US$7.20 billion]
of which 19%
was Retail Banking), and
Turkiye Is Bankasi AS
(55.55 billion Turkish Liras [US$9.44 billion]
of which 46%
Turkiye Garanti Bankasi AS reported sales of 49.60 billion Turkish Liras (US$8.43 billion)
December of 2018.
increase of 37.3%
versus 2017, when the company's sales were 36.12 billion Turkish Liras.
Sales at Turkiye Garanti Bankasi AS have increased during each of the previous five years
(and since 2013, sales have increased a total of 180%).
Sales of Leasing saw an increase
that was more than double the company's growth rate: sales were up
79.9% in 2018, from
123.23 million Turkish Liras to 221.63 million Turkish Liras.
Not all segments of Turkiye Garanti Bankasi AS experienced an increase in sales in 2018:
sales of Other Non-Financial fell 18.4% to 245.88 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
Insurance (down 2.9% to 725.26 million Turkish Liras)