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

Garanti Bank, chosen "The Best Managed Company in Central Europe"

Garanti Bank has been selected as "The Best Managed Company in Central and Eastern Europe" by Euromoney, one of the most important publications in the financial world. Becoming the first Turkish company to be awarded in this category, Garanti, in addition to "Turkey" and "Banking and Finance" sub-categories, has also ranked first in sub-categories such as "The Most Consistent and Convincing", "The Most Transparent", "The Most Accessible Upper Management" and "The Most Improved".

Commenting on the subject, Garanti Bank CEO Ergun Özen said "The award we have received certifies the strength of our management that enables us to overcome all obstacles despite the deep impacts of the global economic crisis. It verifies the accuracy of our strategies that we have been implementing by utilizing governance and communication tools. Now, Garanti Bank is the best-managed company not only in Turkey but also among the emerging nations in all of Europe. We are also honored to become the first Turkish company to be granted this award. Behind this success, as always, lies our competent human resource. I sincerely believe that our strong staff, responsible for great achievements, will elevate Garanti even above the world standards in every area."

The ranking was determined through Euromoney's survey, organized for the fifth time this year, with participation of 101 analysts serving in various banks and financial institutions in Europe.