Established in 1946, Garanti Bank is Turkey's second largest private bank with consolidated assets of US$ 106 billion as of September 30, 2013. Garanti is an integrated financial services group operating in every segment of the banking sector including corporate, commercial, SME, payment systems, retail, private and investment banking together with its subsidiaries in pension and life insurance, leasing, factoring, brokerage, and asset management besides international subsidiaries in the Netherlands, Russia and Romania. As of September 30, 2013, Garanti provides a wide range of financial services to more than 12.2 million customers with 19 thousand employees through an extensive distribution network of 966 domestic branches; 6 foreign branches in Cyprus, one in Luxembourg and one in Malta; 3 international representative offices in London, Dusseldorf and Shanghai with more than 3,750 ATMs, an award-winning Call Center, internet, mobile and social banking platforms, all built on cutting-edge technological infrastructure. Garanti commands a pioneering position in all lines of business through the profitable and sustainable growth strategy it pursued since the day of its establishment. Its competent and dynamic human resources, unique technological infrastructure, customer-centric service approach, innovative products and services offered with strict adherence to quality carry Garanti to a leading position in the Turkish banking sector. Following the best practices in corporate governance, Garanti is jointly controlled by two powerful entities, Dogus Holding Co. and Banco Bilbao Vizcaya Argentaria S.A. (BBVA), under the principle of equal partnership. Having shares publicly traded in Turkey, depositary receipts in the UK and the USA, Garanti has an actual free float of 49.92% in Borsa Istanbul as of September 30, 2013. With its dynamic business model and superior technology integrated to its innovative products and services, Garanti continues to differentiate itself and facilitate the lives of its customers. Its custom-tailored solutions and the wide product variety play a key role in reaching US$ 77.2 billion cash and non-cash loans. The high asset quality attained through advanced risk management systems and established risk culture place Garanti apart in the sector. Garanti is not only committed to add value for its customers and shareholders, but also for all its stakeholders and the society. Within this context, Garanti's long-term support in the areas of culture, arts, environment, education, and sports reflects its commitment as well as its keen sensitivity to sustainability.