BUSINESS

Garanti Online reaches over 50,000 users

Garanti Online, Garanti Bank’s internet banking service, reported, at the end of the first quarter, over 50,000 users, 70 pc above the number reported for the same interval of 2010, a press release informs. Garanti Bank was launched in October 2007, initially exclusively for individual users, but, since May 2008, it has been open to legal entities as well. The rise in the number of Garanti Online users was accompanied by a significant rise in the value of transactions conducted, 2.5 times higher in the first quarter of 2010, compared to the same interval of 2010, amounting to over RON 840 M.

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