Garanti Bank

With a history of nearly 70 years, Garanti Bank is Turkey’s second largest bank. Its Women’s Market program, established in 2006, was one of the first in the region.

About Garanti

Turkey’s second-largest private bank, Garanti provides a wide range of financial services to its 13 million customers through an extensive distribution network of more than 1,000 domestic and international branches, call centers, and internet and mobile banking platforms. Established in 1946, Garanti is an integrated financial services group operating in every segment of the banking sector, including corporate, commercial, small and medium enterprise (SME), payment systems, retail, private and investment banking, along with its subsidiaries in pension and life insurance, leasing, factoring, brokerage and asset management. With more than US$100 billion in assets and a market share of 13 percent, the bank employs more than 19,000 staff members and has operations in 11 countries.

The Program

Garanti was the first bank in its region to offer products and services specifically targeting the Women’s Market. In 2006 the bank created a Women’s Entrepreneur Support Package designed to help women entrepreneurs establish and grow their businesses. The package provides a variety of products and services tailored to women entrepreneurs’ needs, including bank accounts, credit cards, loans and letters of credit. This was followed by the creation of training and educational tools; networking opportunities, many of which are conducted in partnership with KAGIDER (the Turkish Women Entrepreneurs Association); and the launch of the Women Entrepreneurs Executive School — a collaboration with Bosphorus University to provide women entrepreneurs with business, management and marketing know-how. Garanti also launched Turkey’s first Woman Entrepreneur of the Year Award, an initiative that showcases women who have successfully grown their businesses, encouraging more women in the country to become entrepreneurs. As a regional pioneer in this segment, Garanti has been highlighted internationally for its best practices.

Members Button


The bank’s women
entrepreneur program
serves more than 140,000
women, with an
outstanding loan portfolio
of US$900 million.

More than 5,000 women
each year participate in
the Women Entrepreneur
of the Year Award competition.

497 women have been
trained as part of the
Women Entrepreneurs
Executive School.

57 percent of the
bank’s staff is women.

31 percent of Garanti
senior managers are women.


The Opportunity - Turkey

  • 32%

    of Turkish women participated in the labor force as of 2017, according to the World Bank.
  • 53%

    of women in Turkey had an account at a formal financial institution in 2017, Findex reported.
  • 11%

    of women in the country borrowed money from a formal financial institution in 2017, yet more than half of all Turkish women reported taking out a loan that year, Findex found.
  • 18%

    of Turkish women saved at a bank in 2017, according to Findex, but 40% engaged in savings behavior of some sort that year.