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FATCA: Garantibank International N.V. (GBI) and its foreign branch in Germany are committed to complying with FATCA obligations and have registered with the IRS with a status of reporting FFI under a model 1 IGA.

For more information, please contact GBI's Financial Institutions department:


What is Fatca?

GarantiBank International N.V. signed €275,000,000 Syndicated Loan

We are pleased to announce the successful closing of our new syndication in Amsterdam on Friday, 4th July 2014.

GBI Syndication 2014 - Press release

Moody's confirmed GarantiBank International N.V.'s ratings.

On 24 June 2014, Moody's confirmed GarantiBank International NV's ratings.

The related press release is below:

                        Moody's Press Release - GBI (24.06.2014)

As of February 2014, IBAN (International Bank Account Number) is the new European standard for bank account numbers. IBAN is mandatory for all banking transactions in the Eurozone including Netherlands.


IBAN  is the International Bank Account Number. In Netherlands it is an 18 digit account number with the following sample format:



NL                  : Country Code

99                  : Control Number (variable)

UGBI              : Bank Code

0123456789    : Your existing account number 


IBAN has been introduced to standardise the identification of bank accounts internationally.


You can find your IBAN number on your paper statements issued by our bank and on your Internet Banking.   


By 01.02.2014, the use of IBAN  is mandatory in all 32 Euro Zone countries (*) including Netherlands.


The IBAN will replace your existing 9-digit account number and must be used in domestic Dutch payments starting as of 01.02.2014. 


On May 9, 2012 the Dutch Central Bank (DNB) launched the publicity campaign "Over op IBAN". The campaign is aimed to generate awareness amongst Dutch consumers and businesses about the role of IBAN.
For more information about the "Over op IBAN" campaign,  please visit

The IBAN equivalents of all account numbers issued by Dutch banks can be found on:


The BIC (Bank Identifier Code) is the code used to identify a bank. Each bank has its own code. GarantiBank International N.V.'s BIC is UGBINL2A. You will need to give this BIC to anyone who wants to transfer funds to you.

(*)32 Euro Zone countries:






























United Kingdom****




*  including French Guyana, Guadeloupe, Martinique, Réunion
**  including the Azores and Madeira
*** including the Canary Islands, Ceuta and Melilla 
**** including Gibraltar and Northern Ireland, excluding the Channel Islands and Isle of Man

GarantiBank International N.V. signed €280,000,000 Syndicated Loan

We are pleased to announce the successful closing of the Facility in Amsterdam on Friday, 5th July 2013.
Press Release

GBI winning Silver Award in LACP Annual Report Competition

GBI has been awarded by the League of American Communications Professionals (LACP) in Annual Report Competition, the 2011 Vision Awards. The 2011 GBI Annual Report has been granted a ‘’Silver’’ Award with a total score of 97 out of a maximum 100 points on different categories such as creativity, information accessibility, message clarity and quality of narrative.


About LACP

League of American Communications Professionals (LACP) was established in 2001 in order to create a forum within the public relations industry that facilitates discussion of best-in-class practices within the profession while also recognizing those who demonstrate exemplary communications capabilities. Visit LACP on the Worldwide Web at

GarantiBank International N.V. signed €220,000,000 Syndicated Loan

We are pleased to announce the successful closing of the Facility in Amsterdam on Monday, 9th July 2012.  The loan carries a margin of 0.95% per annum, and has a maturity of one year.  The proceeds will be used by GBI for its general trade finance activities.

The Facility was launched at €150,000,000 but was oversubscribed, despite the challenging environment in the loan market.  The syndicate comprises 19 banks from 9 different countries, including the MLAs.

The Mandated Lead Arrangers are Banco Bilbao Vizcaya Argentaria S.A. Milan Branch, Barclays Bank PLC, Commerzbank Aktiengesellschaft, HSBC Bank plc, London, ING Bank N.V., Standard Chartered Bank and Wells Fargo Bank N.A.

Wells Fargo Bank, N.A. acted as Coordinating Bank and Documentation Agent while ING Bank N.V., London Branch is the Facility Agent.

GBI in top rankings in trade finance field

In June 2012, GBI appeared in Top-5 global rankings of “Trade Finance Magazine” in four different trade-finance categories.  Similarly, in its June 2012 issue, “Trade & Forfaiting Review” ranks GBI among the Top-5 global financial institutions in five different trade-finance categories, including but not limited to the #1 position in “Best Trade Bank in Soft Commodities” category.  We are pleased for these outcomes and strive to serve even better to our clients and counterparties.  Click here to view the details of these annual rankings

What is SEPA?

SEPA is the abbreviation for Single Euro Payments Area. The aim of SEPA is to provide a single European payments market where there will no longer be any difference between domestic payments and foreign payments in Euros within Europe. More information about SEPA is available in pdf format.

Moody’s publishes an updated Credit Opinion on GBI

On 10 October 2011, Moody's published an updated Credit Opinion on GBI confirming the Bank's investment grade LT deposit rating of Baa1 and BFSR of C- with stable outlook.

The full report is available in pdf format.

Moody’s affirms GBI’s ratings; outlook changed to stable

We are pleased to announce that Moody's confirmed GBI's ratings and changed the outlook to stable from negative.

July 26, 2011 -- Moody's Investors Service has today affirmed the C- bank financial strength rating (BFSR) -- mapping to Baa2 on the long-term scale -- and the Baa1 long-term deposit and senior debt ratings of GarantiBank International NV. Moody's has also affirmed the Prime-2 short-term deposit and debt ratings and Baa2 subordinate debt ratings and changed the outlook to stable from negative on all these ratings.

The full press release is available in pdf format Moody's Press Release – GBI (26.07.2011).pdf

TFR Awards 2011 - GBI wins 4 medals

GBI won 4 medals in this year's TFR (Trade&Forfaiting Review) polls:

Silver Medal | Best Forfaiting Institution
Bronze Medal | Best Trade Bank Western Europe
Bronze Medal | Best Trade Bank Eastern Europe
Bronze Medal | Best Trade Bank Soft Commodities

This has been the first time that GBI won 4 medals in the same year and was awarded in two consecutive years. GBI was also in the rankings in two categories in 2010, 3 categories in 2008 and one category in 2006.

The complete list of winners at all categories:

GarantiBank International N.V. (“GBI”) €200,000,000 Syndicated Term Loan Facility (the “Facility”)

We are pleased to announce the successful closing of the Facility in Amsterdam on Tuesday, 05 July, 2011. The Facility included a club of 18 banks from 8 countries and easily exceeded the initial target amount of €150,000,000. The Facility carries a margin of 0.60% per annum and has a maturity of one year. The proceeds of the loan will be used by the Borrower for general trade finance activities.

Wells Fargo - National Association, Standard Chartered Bank and ING Commercial Banking acted as the Coordinating Bank, the Documentation Agent and the Facility Agent for the Facility, respectively.

The Mandated Lead Arrangers are Standard Chartered Bank, Wells Fargo Bank - National Association, ING Commercial Bank, HSBC Bank plc, Barclays Capital and Commerzbank Aktiengesellschaft.

The Borrower

Amsterdam-based GBI was established on 3 October 1990 and started its operations in April 1991. GBI is wholly-owned by Türkiye Garanti Bankasi A.S., one of the three largest financial institutions in Turkey. BBVA (Banco Bilbao Vizcaya Argentaria), the second largest bank of Spain, owns 24.89% of the parent bank's shares. GBI operates under the Laws of the Netherlands, and the supervision of the Dutch Central Bank (De Nederlandsche Bank or DNB). GBI's business activities include trade finance, private banking, structured finance, corporate & commercial banking and retail banking.

GBI currently maintains an investment grade rating of Baa1 from Moody's.

Dogus Holding and BBVA agrees for Garanti

Dogus Holding A.S. entered into a share purchase agreement with Banco Bilbao Vizcaya Argentaria S.A. (BBVA), one of Europe's major banks and the second largest bank in Spain, with respect to the acquisition of a portion of shares of Türkiye Garanti Bankasi A.S.

Pursuant to the share purchase agreement signed on November 1, 2010, BBVA agreed to acquire 26,418,840,000 shares representing 6.2902% of Garanti Bank's issued share capital, for a total consideration of USD 2,062,000,000.

In addition, BBVA entered into a share purchase agreement with General Electric, with respect to the acquisition of 78,120,000,000 shares representing 18.60%. Following the closing of the transaction after obtaining the approvals of the relevant regulatory bodies Dogus and BBVA will each hold 24,8902% stake in Garanti Bank.

Moody's has published an updated Credit Opinion on GBI

On 15 September 2010, Moody's published an updated Credit Opinion on GBI confirming its investment grade LT rating of Baa1 and BFSR of C- with negative outlook.

The rating reflects GBI's role as a niche player in a number of competitive market segments - notably in international trade and commodity finance, in structured finance but also in internet deposits in the Netherlands and Germany. The BFSR also takes into consideration the bank's financial fundamentals, its significant exposure and concentrations to emerging markets, particularly the risks associated with the Turkish market and the CIS countries, as well as the steps taken by the bank to mitigate these risks.

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