GARANTI BANK S.A.

GARANTI BANK S.A. is a Romanian universal bank headquartered in Bucharest and part of the Garanti BBVA group, ultimately controlled by Türkiye Garanti Bankası A.Ş., whose majority shareholder is Banco Bilbao Vizcaya Argentaria, S.A. The bank provides standard retail, SME, and corporate services, including current and savings accounts in RON and major foreign currencies, term deposits, debit and credit cards (typically on the Visa and Mastercard networks), consumer lending and mortgages, SME and corporate loans, trade finance instruments, cash management, treasury, and foreign exchange. Digital channels include internet and mobile banking with strong customer authentication in line with PSD2, and card transactions generally use 3D Secure for online payments. Payments are supported domestically in RON and internationally via SEPA for EUR and SWIFT for other currencies, with IBAN accounts and standard cut-off times; fees and FX spreads follow published tariffs and can vary by package, channel, and destination. The physical footprint is modest compared with Romania’s largest banks, and service delivery relies heavily on remote channels; account opening and credit decisions require standard KYC and income verification, with stricter checks for non-residents and higher-risk profiles. GARANTI BANK S.A. is supervised by the National Bank of Romania, prepares financial statements under IFRS, and participates in Romania’s Bank Deposit Guarantee Fund, which covers eligible deposits up to the equivalent of EUR 100,000 per depositor per bank under applicable rules. In Romania, the Garanti BBVA group also operates affiliated non-bank financial institutions for leasing and consumer finance. As a mid-sized player, pricing, product breadth, and processing speeds are generally in line with the market segment, while those needing extensive branch coverage or specialized investment services may encounter limitations. Users should confirm current tariffs, product eligibility, and service availability before onboarding.