The Romanian subsidiary of Garanti Bank will continue its partnership with GE Money subsidiaries, although US giant General Electric has recently voiced its intention to exit the Turkish group's shareholder structure. "Nothing will change in Romania, we'll further go hand in hand with GE Money. Future plans for Romania remain unchanged," Murat Atay, general manager of Garanti Bank's domestic subsidiary, told ZF. The Turkish group is awaiting NBR's approval to get a domestic banking licence as it now operates as a subsidiary. The new institution will be named GE Garanti Bank, and according to initial plans it should combine the operations of Garanti domestic subsidiary with those of the other three non-bank financial institutions held by GE Money. Atay says Garanti has reviewed its growth plan for this year, targeting more aggressive expansion. Thus, the territorial network is set to add 50 branches in the next two years, practically doubling. "We've adjusted our strategy as we had a very good result last year. It's a time to invest," Atay says.