Garanti Bank - Workforce

Employees & Cost Per Employee (USD per month)
Banking | Turkey | June 22, 2018
$2.99
Excel Sheet

Garanti Bank employed 18,851 persons in 2017, down 4.26% when compared to the previous year. Historically, the bank's workforce hit an all time high of 19,692 persons in 2015 and an all time low of 5,981 in 2001.

Average cost reached USD 3,880 per month per employee, 2.33% more than a year ago. This figure was USD 3,076 per month per month some 10 years ago.

Staff accounted for 42.1% of total operating expenditures in 2017. The bank operated a network of 948 branches in 2017.

Comparing Garanti Bank with its closest peers, Isbank had 24,836 employees and 1,364 branches in 2017, Yapi Kredi Bank operated with 18,839 people and 897 branches and VakifBank had a network of 927 branches with 16,097 employees in 2017.

You can see all the bank’s data at Garanti Bank Profile, or you can download a report on the bank in the report section.

Employees Unit 2010 2011 2012 2013 2014 2015 2016 2017
Akbank 15,339 16,315 16,249 16,305 14,050
Alternatifbank 1,185 1,230 1,413 1,231 1,073
Anadolubank 1,911 2,024 2,111 1,761 1,711
Burgan Bank 954 976 980 1,046 1,022
Citibank Turkey 2,233 2,123 478 469 517 ...
DenizBank 10,826 11,618 14,413 14,979 14,853
Fibabanka 438 612 1,152 1,222 1,290
Garanti Bank 16,773 17,285 18,737 19,036 19,692
Halkbank 13,643 14,971 14,798 17,314 17,104
HSBC Bank Turkey 6,155 6,170 6,148 5,659 4,997 ...
ICBC Turkey Bank 880 841 853 852 841
ING Bank Turkey 5,232 5,319 5,778 6,156 5,603 ...
Intesa Sanpaolo Turkey ... ... ... ... 19.0 27.0 ...
Isbank 24,887 24,411 24,129 25,098 25,157
Odea Bank ... ... 396 1,105 1,388 1,538
QNB Finansbank 10,837 12,060 13,967 12,830 12,950
Sekerbank 3,485 3,530 3,565 4,460 4,078
Turk Ekonomi Bankasi 9,356 9,288 10,001 10,142 9,927
Turkland Bank 496 524 535 641 662
VakifBank 12,222 13,463 14,943 14,920 15,410
Yapi Kredi Bank 14,859 14,733 16,682 18,534 19,345
Ziraat Bank 24,374 23,153 24,725 23,617 25,697
AVERAGE 8,377 8,804 8,621 9,179 8,985 8,979 8,788 10,140