REG-Turkiye Garanti Bankasi A.S. Turkiye Garanti Bankasi A.S.: About JCR Credit Rating

Turkiye Garanti Bankasi ASAnnouncement

30/09/2022 17:00

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   Turkiye Garanti Bankasi A.S. (TGBD)
   Turkiye Garanti Bankasi A.S.: About JCR Credit Rating

   30-Sep-2022 / 16:58 GMT/BST
   Dissemination of a Regulatory Announcement, transmitted by EQS Group.
   The issuer is solely responsible for the content of this announcement.

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   TO: Investment Community

         FROM : Garanti BBVA / Investor Relations

   SUBJECT: About JCR Credit Rating

    

    

   DATE: September 30, 2022

    

    

    

   On its report dated September 30, 2022, JCR Eurasia Rating has affirmed T.
   Garanti Bankası  A.Ş.(the “Bank”)’s  Long Term  International Foreign  and
   Local Currency ratings,  within the investment  grade category, as  ‘BBB-'
   and ‘BBB' respectively, along with  a “Stable” Outlook. On the other hand,
   the Bank’s  Long Term  National Scale  rating has  been affirmed  as  ‘AAA
   (Trk)' along with a  ‘Stable' outlook which  denotes the investment  grade
   with the highest  credit rating note  assigned by the  agency. The  Bank’s
   current ratings are as follows:

    

   JCR Eurasia Rating (September 30, 2022)    
   Long Term National                        AAA (tr) / (Stable)
   Short Term National                       J1+ (tr) / (Stable)
   Foreign Currency Long Term International  BBB- / (Stable)
   Local Currency Long Term International    BBB / (Stable)
   Long Term National Issue Specific Rating  AAA (tr) / -
   Short Term National Issue Specific Rating J1+ (tr) / -

    

    

   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:  1 investorrelations@garantibbva.com.tr

          2 www.garantibbvainvestorrelations.com

    

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   ISIN:          US9001487019
   Category Code: MSCL
   TIDM:          TGBD
   LEI Code:      5493002XSS7K7RHN1V37
   Sequence No.:  191777
   EQS News ID:   1454757


    
   End of Announcement EQS News Service

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References

   Visible links
   1. mailto:investorrelations@garantibbva.com.tr
   2. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=19979b7bae6aeeb49d76141fbe11774c&application_id=1454757&site_id=reuters9&application_name=news


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