Garanti BBVA Filo

What Garanti BBVA Filo does

Garanti BBVA Filo (legal entity: Garanti Filo Yönetim Hizmetleri A.Ş.) is a wholly-owned subsidiary of Garanti BBVA (T. Garanti Bankası A.Ş.), founded in 2007 and headquartered in Istanbul, Turkey. The company is a long-term vehicle leasing (operational leasing) specialist offering fleet rental of passenger cars and light commercial vehicles to corporate and individual customers across 34 Turkish provinces, supported by a six-region directorate network (Istanbul Anadolu, Istanbul Avrupa, Ankara, Marmara/Bursa, İzmir, Antalya) and a 24/7 customer hotline.

Its core product, Filo Kiralama (Fleet Leasing), provides leases of 12 to 47 months at annual mileage bands of 5,000 to 50,000 km, bundling comprehensive kasko and traffic insurance, periodic and damage maintenance through authorized service partners, tire replacement and storage, motor vehicle tax (MTV) administration, provincial plate licensing, replacement-vehicle provision, and 24/7 roadside assistance into a single quote-based monthly subscription. An add-on Konfor Paket (Comfort Package) provides a premium service tier, while a complementary İkinci El Garaj (Second-Hand Garage) channel sells end-of-lease vehicles. The technology layer — the Garanti BBVA Filo İnternet Şubesi web portal plus dedicated iOS and Android apps, with a 2024 integration into the Garanti BBVA Mobile banking app — handles damage notifications, tire requests, mileage updates, fine queries, and service-point lookup.

Commercial activity is split between corporate (primary, kurumsal) and individual (bireysel) customers, with distribution via direct regional sales teams, bank-branch cross-selling, and self-serve digital channels. Pricing is fully quote-based (not publicly disclosed), with 19 OEM partnerships spanning premium, mainstream and economy segments, and an in-group captive insurance brokerage (Garanti Filo Sigorta Aracılık Hizmetleri A.Ş.) intermediating policy issuance. Revenue is generated primarily through recurring monthly lease payments (subscription model), supplemented by transactional used-vehicle sales gains.

Name

Garanti BBVA Filo

Legal name

Garanti Filo Yönetim Hizmetleri A.Ş.

Website

https://garantibbvafilo.com.tr

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

51–100 employees

Short description

Garanti BBVA Filo (Garanti Filo Yönetim Hizmetleri A.Ş.) is a wholly-owned subsidiary of Garanti BBVA that provides long-term vehicle leasing and bundled fleet management services to corporate and individual customers across 34 Turkish provinces. Its offering combines subscription-based monthly leases with maintenance, insurance, roadside assistance, and tax administration.

Ownership category

akta.pro rank

Product category

Fleet Leasing Services

NAICS

Passenger Car Leasing (532112), Passenger Car Rental and Leasing (53211)

SIC

Services-Auto Rental & Leasing (No Drivers) (7510)

akta.pro primary industry

Consumer/Private Lease & Subscription (Personal Contract Hire) (TLABAAAC)

akta.pro secondary industries

Premium & Luxury Vehicle Leasing (TLABAAAF), Long-Term Car Rental (Monthly/Extended Hire) (TLABAAAD), Auto & Vehicle Leasing (Personal Use) (FSAKANAA)

Keywords

• Fleet leasing
• Vehicle leasing
• Corporate mobility
• Long-term car rental
• Fleet management

Headquarters

HQ city

Istanbul

Offices13 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Filo Kiralama (Fleet Leasing): Long-term vehicle leasing with monthly rental payments based on vehicle selection, term length (12-47 months), annual mileage (5,000-50,000 km), and selected service packages (Konfor/Ekonomi). Includes comprehensive insurance, maintenance, tire services, and registration support.
2. İkinci El Garaj (Second-Hand Garage): Sale of used fleet vehicles returned at end of lease terms.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Garanti BBVA Filo provides long-term vehicle leasing (operational rental) for passenger and light commercial vehicles across Turkey, targeting both corporate and individual customers. Lease terms range from 12 to 47 months with annual mileage from 5,000 to 50,000 km, and include bundled comprehensive insurance, periodic maintenance, tire services, vehicle registration, motor vehicle tax management, and 24/7 roadside assistance. The company also sells returned fleet vehicles through its İkinci El Garaj (Second-Hand Garage) program.

Product overview

Garanti BBVA Filo is a vehicle leasing and fleet management company operating as part of Garanti BBVA Financial Group in Turkey. The core offering is Filo Kiralama (Fleet Leasing) — long-term vehicle leasing for corporate and individual customers — supplemented by the İkinci El Garaj (Second Hand Garage) pre-owned vehicle sales program. Additional products include individual and corporate vehicle rentals, and light commercial vehicle leasing. The service portfolio (Hizmetlerimiz) provides bundled fleet management including periodic maintenance, damage management, 24/7 roadside assistance (444 1 439), replacement vehicles, tire services, insurance (Kasko), motor vehicle tax (MTV) management, and provincial plate licensing. The Konfor Paket (Comfort Package) offers an enhanced coverage tier. Access to fleet management is provided via the Garanti BBVA Filo İnternet Şubesi (Internet Branch) web platform and mobile application.

Differentiator

Problem solved

Functional benefit

Products and services

• Filo Kiralama (Fleet Leasing) Long-term operational vehicle leasing service for corporate and individual customers, providing fleet vehicles with bundled maintenance, insurance, registration, and support services. Lease terms range from 12-47 months with annual mileage options of 5,000-50,000 km.
• İkinci El Garaj (Second Hand Garage)

Quantifiable outcome

• Fleet leasing eliminates capital tied up in vehicle ownership, converting to predictable monthly operating expenses.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Three partnerships are on record, tiered minor and core.

• Eureko Sigorta A.Ş.minorStrategic or Co-development PartnerInsurance partner providing coverage services for fleet vehicles underwritten through the partnership.
• Garanti Filo Sigorta Aracılık Hizmetleri A.Ş.coreStrategic or Co-development PartnerRelated insurance brokerage company providing dedicated insurance intermediary services for fleet vehicle coverage.
• Vehicle Manufacturers (Audi, BMW, Citroën, Cupra, Dacia, Fiat, Ford, Honda, Hyundai, Kia, Mercedes-Benz, Nissan, Opel, Peugeot, Renault, SEAT, Škoda, Toyota, Volkswagen)coreTechnology or IntegrationPartnership with major automotive brands for fleet vehicle procurement. Company offers leasing on vehicles from 19 different brands including premium (Audi, BMW, Mercedes-Benz), mainstream (Toyota, Volkswagen, Ford, Renault), and economy segments (Dacia, Fiat).

Scale indicators1 record

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• ALD Automotive Turkey: Global Société Générale fleet leasing subsidiary with operations in Turkey providing full-service leasing and fleet management. Overlaps with Garanti BBVA Filo's bundled service proposition but as a multinational rather than a domestic specialist.
• LeasePlan Turkey: One of the world's largest fleet leasing and mobility players with established Turkish operations. Directly comparable long-term lease product and bundled service model, but with global scale rather than domestic bank-channel reach.
• Arval Turkey: BNP Paribas' dedicated fleet leasing subsidiary operating across Europe with Turkish presence. Closely mirrors Garanti BBVA Filo's bank-affiliated model internationally, offering long-term fleet leasing and integrated services.

Direct peers

• TEB Filo (BNP Paribas affiliate): TEB's fleet leasing business, the bank-affiliated counterpart to Garanti BBVA Filo within Turkey's banking ecosystem. Competes head-to-head for corporate fleet customers using a similar bank-channel distribution model.
• Hedef Filo: Major independent Turkish fleet leasing operator offering long-term passenger and light commercial leasing with bundled maintenance and insurance. Closest pure-play direct competitor to Garanti BBVA Filo in the Turkish market.
• Turmobil Filo: Turkish fleet leasing specialist focused on long-term corporate vehicle leasing with comparable service bundling (maintenance, insurance, replacement vehicles). Operates in the same mid-market corporate segment as Garanti BBVA Filo.
• Otokoç Otomotiv: Koç Holding's automotive arm operating the Avis brand plus corporate fleet leasing in Turkey. Directly comparable long-term passenger fleet leasing, supported by similar scale and service bundling across the country.
• Borlease (Borusan): Borusan group's fleet leasing arm offering long-term vehicle leasing with bundled services in Turkey. Comparable in customer segments and product structure, backed by a diversified industrial conglomerate.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Garanti BBVA Filo