Establishment of a subsidiary
Establishment of a subsidiary
Banking Regulation and Supervision Agency approved our Bank’s application and allowed our Bank to establish a joint stock company with the trade name of “Garanti BBVA Finansal Teknolojiler A.Ş.” having a total capital of 100.000.-TL (hundred thousand Turkish Liras) in order to invest in financial technologies and/or carry on the business of providing consultancy or advisory services to the Bank and/or its subsidiaries related to their investments in financial technologies, market/company analysis and similar activities. The incorporation process of the company has been completed.