Turkiye Garanti Bank announced that the company’s board of directors' meetings held on March 29, 2018, it was resolved that; Süleyman Sözen be elected as the board of directors' Chairman and Jorge Saenz-Azcunaga Carranza be elected as the board of directors' Vice Chairman, Jorge Saenz-Azcunaga Carranza, Sema Yurdum and Ricardo Gomez Barredo be elected as the members of the audit committee, Jaime Saenz De Tejada Pulido and Rafael Salinas Martinez de Lecea be elected as principal members and Jorge Saenz-Azcunaga Carranza and Javier Bernal Dionis be elected as alternate members of the credit committee, Sema Yurdum, Javier Bernal Dionis and Jorge Saenz Azcunaga Carranza be elected as the members of the Corporate Governance Committee and the Director of Investor Relations Department continue her duties in accordance with the Corporate Governance Communiqué of the Capital Markets Board, Sait Ergun Özen and Jorge Saenz-Azcunaga Carranza be elected as members of the Remuneration Committee, Süleyman Sözen, Javier Bernal Dionis and Rafael Salinas Martinez de Lecea be elected as the members of the Risk Committee.
Turkiye Garanti Bankasi AS is a Turkey-based banking institution. It operates under the following business segments: Retail Banking, Corporate/Commercial Banking and Investment Banking. The banking products served to customers are: custody services, time and demand deposits, accumulating deposit accounts, repos, overdraft facilities, spot loans, foreign currency indexed loans, consumer loans, automobile and housing loans, working capital loans, discounted bills, gold loans, foreign currency loans, Eximbank loans, pre-export loans, Export Credit Agency (ECA) covered financing, letters of guarantee, letters of credit, export factoring, acceptance credits, draft facilities, forfeiting, leasing, insurance, forward, futures, salary payments, investment account (ELMA), cheques, safety boxes, bill payments, tax collections and payment orders. The Bank provides service packages to its corporate, commercial and retail customers including deposit, loans, leasing and factoring, among others.