Awards for Excellence 2019
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Garanti BBVA sets a high standard for banking – it is a founding member of the UN’s principles for responsible banking – and this year wins the award for the best bank for corporate responsibility in central and eastern Europe.
Garanti has long been focused on building a gender diverse workforce. Women make up 58% of all employees and 40% of senior and middle-level management. The bank runs mandatory gender equality training and offers a women’s leadership mentoring programme.
It also runs a Women Entrepreneurs Executive school for female entrepreneurs in Turkey; 2,000 have graduated so far.
“We support the participation of women in the workforce and we are striving for the formation of an inclusive economy, where all individuals have equal access to opportunities,” says president and chief executive, Ali Fuat Erbil.
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| Ali Fuat Erbil |
That support was enhanced with a gender bond placed with the IFC in June 2018.
The bank is committed to improving the financial wellbeing of its 16 million customers and the communities it serves. It offers innovative solutions for financial inclusion. With 34 different products and solutions, it helped 85% of its customers to make better informed financial decisions in 2018.
Job creation is essential in Turkey as it comes under pressure from increasing immigration. Garanti has many initiatives to support work opportunities through funding programmes such as the Teachers Academy Foundation and Code the Future.
Finally, Garanti is committed to the UN Sustainable Development Goals and counteracting climate change. It offers green mortgages, solar panel loans and green loans.
