Turkiye Garanti Bankasi A.S. (TGBD)
Turkiye Garanti Bankasi A.S.: Announcement regarding Moody's rating affirmation
16-Jul-2026 / 19:05 GMT/BST
TO: Investment Community
FROM : Garanti BBVA / Investor Relations
SUBJECT: Announcement regarding Moody's rating affirmation
DATE: July 16, 2026
On 16 July 2026, Moody’s affirmed Garanti BBVA’s Long Term Foreign and Local Currency Deposit Ratings at Ba2. Garanti BBVA’s standalone credit assessment (BCA) and Adjusted BCA were also affirmed at ba3 and ba2, respectively. The outlook on the Bank’s Long Term Foreign and Local Currency Deposit Ratings remains stable.
Bank’s current ratings are as follows:
Moody's Previous Current | Outlook Stable Stable | Long Term FC Deposit Ba2 (Stable) Ba2 (Stable) | Long Term TL Deposit Ba2 (Stable) Ba2 (Stable) | Short Term TL Deposit Not - Prime Not - Prime | Short Term FC Deposit Not - Prime Not - Prime | Baseline Credit Assessment - BCA ba3 ba3 | Adjusted BCA ba2 ba2 | Subordinated Bond (Foreign) B1 (hyb) B1 (hyb) | Senior Unsecured Rating (Medium-Term Note Program) (P) Ba2 (P) Ba2 | National Scale Rating (NSR) Long Term Deposit Aaa.tr Aaa.tr | National Scale Rating (NSR) Short Term TR-1 TR-1 |
*In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.
We declare that our above statements are in conformity with the principles included in the Board’s Communiqué, Serial II Nr.15.1, that it exactly reflects the information we received; that the information complies with our records, books and documents; that we did our best to obtain the correct and complete information relative to this subject and that we are responsible for the declarations made in this regard.
Yours sincerely,
Garanti BBVA
Contact Garanti BBVA Investor Relations:
Tel: +90 212 318 2352
Fax: +90 212 216 5902
E-mail: [email protected]
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