NEW YORK, June 26, 2012 /PRNewswire/ -- OTC Markets
Group Inc. (OTCQX: OTCM), the financial information and technology
services company that operates the world's largest Open,
Transparent and Connected marketplace platform, today announced
that Turkiye Garanti Bankasi A.S. (OTCQX: TKGBY; Istanbul: GARAN) ("Garanti"), Turkey's second largest private bank, has
chosen to have its American Depositary Receipts (ADRs) traded on
the highest tier of the OTC market, OTCQX®.
(Logo: http://photos.prnewswire.com/prnh/20110118/MM31963LOGO
)
Garanti began trading today on the OTC market's prestigious
tier, OTCQX International Premier. Investors can find current
financial disclosures and Real-Time Level 2 quotes for the Company
on www.otcmarkets.com.
"The OTCQX platform offers investor-focused companies a winning
combination of quality control, transparency, and broader
visibility to U.S. investors," said R.
Cromwell Coulson, President and Chief Executive Officer of
OTC Markets Group. "We are pleased to welcome Garanti as our first
Turkish issuer trading on OTCQX."
BNY Mellon will serve as Garanti's Principal American Liaison
("PAL") on OTCQX, responsible for providing guidance on OTCQX
requirements and U.S. securities laws.
About Turkiye Garanti Bankasi A.S.
Turkiye Garanti Bankasi A.S. (OTCQX: TKGBY; Istanbul: GARAN) ("Garanti") trades in
the United States on OTCQX under
the symbol "TKGBY", where each ADR represents 1 ordinary share.
Garanti is Turkey's second largest
private bank with US$ 94 billion
consolidated assets as of March 2012.
The Bank serves to more than 11 million customers through an
extensive distribution network of 913 domestic and 7 foreign
branches in Cyprus, Luxembourg and Malta; 4 international representative offices
in Moscow, London, Dusseldorf and Shanghai; around 3,500 ATMs; an award-winning
Call Center; and state-of-the-art Internet and Mobile Banking
platforms. As a universal bank with leading presence in all
business lines including corporate, commercial, SME, retail,
private and investment banking, Garanti offers integrated financial
services with its subsidiaries in payment systems, pension &
life, leasing, factoring, brokerage and asset management as well as
international subsidiaries in The
Netherlands, Russia and
Romania.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the
world's largest Open, Transparent and Connected financial
marketplace platform, delivering price transparency in almost
10,000 OTC securities. The OTC Link® ATS directly links
broker-dealers that provide liquidity and execution services.
We organize the wide spectrum of OTC-traded securities into three
marketplaces to inform investors of opportunities and risks –
OTCQX® - The Intelligent Marketplace for the Best OTC
Companies; OTCQB® - The Venture Marketplace; and OTC
Pink® - The Open Marketplace. Our financial marketplace
platform enables smarter trading through any broker at the best
possible price, and empowers companies to improve the quality and
availability of information for their investors. To learn
more about our Open, Transparent and Connected financial
marketplaces, visit www.otcmarkets.com.
OTC Link ATS operated by OTC Link LLC, member FINRA/SIPC and SEC
registered ATS.
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SOURCE OTC Markets Group Inc.
