Yet more awards for Garanti Bank.Yet more awards for Garanti Bank.

Garanti Masters Private Banking, named "Best Local Private Bank."

Garanti Masters Private Banking has been selected as the Best Local Private Bank in Turkey by Euromoney, one of the world's leading authorities in banking and capital markets. Receiving the award which is granted to financial institutions that set the standards for excellence in private banking services signifies that Garanti Masters' success in this field is recognized and admired by international financial circles as well. Garanti Bank's award was presented to Demet Apak Şermet, Director of Garanti Masters Private Banking Department, by Euromoney officials at the ceremony held in London on February 19th.

Executive Vice President of Garanti Bank Ali Fuat Erbil, commenting on the subject, emphasized that Garanti Masters Private Banking, with its personalized and innovative investment products and services has made a significant difference in the area of private banking in Turkey in a short time span. Ali Fuat Erbil stated. "Behind this success, as always, lies our strong belief in customer orientation, innovation and quality. The award we have received shows how valuable our achievements were in 2008 in the area of private banking,  despite worldwide financial fluctuations. What pleases us the most about this award is to see that our performance in the area of private banking is recognized and admired by international financial circles."

Euromoney, first published in 1969, is read by over 140.000 professionals every month. With its Private Banking Survey, first conducted in 2004, Euromoney, besides determining which banks are the best in investment advice and portfolio management, leads the way in global asset management sector.

February 07th, 2009