Garanti BBVA (legal name Türkiye Garanti Bankası A.Ş; formerly referred to as Garanti Bank in English) is a Turkish financial services company based in Turkey. 49.85% of Garanti's stakes are owned by the Spanish bank Banco Bilbao Vizcaya Argentaria (BBVA). Garanti Bank is the second largest private bank in Turkey with US$104.1 billion consolidated assets as of March 31, 2013. Having shares publicly traded in Turkey, the UK and the US, Garanti has an actual free float of 50.76% as of March 31, 2013; Garanti shares are publicly traded in Turkey and depository receipts in the UK and the US.