News Release


Sumitomo Mitsui Banking Corporation and Turkiye Garanti Bankasi sign Co-operation Agreement(1/1)

February 13, 2013

 

@@@@@@@@@@@@@@@@@@Sumitomo Mitsui Banking Corporation

 

Sumitomo Mitsui Banking Corporation and Turkiye Garanti Bankasi sign Co-operation Agreement

 

 

TOKYO, February 13, 2013 --- Sumitomo Mitsui Banking Corporation (gSMBC", President and CEO: Takeshi Kunibe) and Turkiye Garanti Bankasi A.S. (gGaranti Bankh, President and CEO: Ergun Özen) announced today the signing of a Co-operation Agreement on banking and financial services in Turkey on February 12, 2013.

 

The aim of the partnership is to work together to develop business with export credit agencies, provide financial advisory services for project finance and structured finance, and promote Japanese business in Turkey by enhancing banking services to Japanese companies operating in the region.

 

Garanti Bank is a member of the Doğuş Group, one of the largest Turkish conglomerates, and the second largest private bank in Turkey with total assets of US$102 billion and a distribution network comprising over 936 branches and offices and more than 17,000 employees.

 

SMBC has been increasing its presence in Turkey since opening a representative office in Istanbul in 2012, and this alliance will serve to strengthen our business base and enhance our ability to support the activities of our clients in Turkey.

 

 

Profile of Garanti

Representative                   : Ergun Özen, President and CEO

Year of Establishment          : 1946

Office Locations                 : Turkey (Head Office in Istanbul), Luxembourg, Malta, London, Dusseldorf and Shanghai

 




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