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May 16, 2021

Garanti Bank was awarded by Global Finance as “Best Consumer Digital Bank in Romania”

Garanti Bank, one of the most dynamic and innovative banks on the local market, was awarded by the worldwide-recognized Global Finance magazine as “Best Consumer Digital Bank in Romania”. The distinction was granted within the “2016 World’s Best Consumer Digital Banks”.

The evaluation was carried out by a world-class panel of judges at Infosys, a global leader in consulting, technology and outsourcing and by the Global Finance editorial team. The winners were selected based on a criteria including: strength of strategy for attracting and servicing digital customers, success in getting clients to use digital offerings, growth of digital customers, breadth of product offerings, evidence of tangible benefits gained from digital initiatives, and web/mobile site design and functionality.

“The digital era has become a reality in which time has more value and gains importance by the day. As such, the future of banking lies in ensurring maximum of quality via the latest technology, being as close as possible to our clients, anytime and from anywhere. We are honored to receive this award from Global Finance. It confirms us once again that we are doing a good job”, stated Ufuk Tandogan, CEO Garanti Group Romania.

This is the 9th award that Garanti Bank receives from Global Finance in the past eight years.


About Garanti Bank Romania


Garanti Bank is part of the financial-banking group Garanti Romania, which brings together Garanti Leasing (the brand under which the company Motoractive IFN SA operates) and Garanti Consumer Finance (the brand under which Ralfi IFN operates).

Garanti Bank is held by Turkiye Garanti Bankasi AS (TGB), Turkey’s second largest private bank. TGB is a universal bank with leading presence in all business lines. The bank serves more than 14 million customers in corporate, commercial, SME, and consumer segments offering fully integrated financial services. In July last year, Spanish financial group Banco Bilbao Vizcaya Argentaria (BBVA) gained majority management control of TGB.

Garanti Bank Romania offers a series of quality products and services for all business segments: retail, SME and corporate.

Present in Romania since 1998, the bank has developed a solid portfolio of clients and expanded its national presence through branches and alternative channels, reaching an extended network of 84 branches and over 300 intelligent ATMs that can be used by anyone, not just bank customers, for transactions with or without cards.

In May this year, International Rating agency Fitch Ratings affirmed the long-term IDRs of Garanti Bank Romania (GBR). The bank’s long term IDR was affirmed at ‘BBB-’ (outlook stable), its short term IDR at ‘F3’, its Support Rating at ‘2’, while its Viability Rating was also affirmed at ‘b+’. Fitch emphasized that GBR remains a strategically important subsidiary of its parent bank.

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