Garanti first Turkish firm to join OTCQX

Garanti first Turkish firm to join OTCQX

ISTANBUL - Anatolia News Agency

Turkey’s Garanti has become the first Turkish company to join the OTCQX International Premier market, the company announced yesterday.

Garanti Bank will be traded on the OTCQX under the symbol “TKGBY.”

OTCQX is the premium tier of the U.S. Over-the-Counter (OTC) marketplace, which gives non-U.S. companies access to U.S. investors without the duplicative regulatory costs required of listing on a traditional U.S. exchange.