Garanti Faktoring A.S. Reports Earnings Results for the First Quarter Ended March 31, 2022

Garanti Faktoring AS, formerly Garanti Faktoring Hizmetleri AS, is a Turkey-based company active in the financial sector. The Company offers factoring, financing, guarantee and collection services to industrial and commercial enterprises in both domestic and international markets. The Company offers such solutions, as transactions with checks, supplier financing, export and import factoring and collection management. The Company serves a customer base that includes small and medium enterprises (SMEs), companies that are predominantly known as importers or exporters and organizations that have a wide supplier and vendor network. Garanti Faktoring AS is a subsidiary of Turkiye Garanti Bankasi AS. It has a number of offices located in such cities, as Maslak, Gunesli, Kosuylou, Bursa, Izmir, Denizli, Antalya, Ankara and Adana, among others.