REG-Turkiye Garanti Bankasi A.S. Turkiye Garanti Bankasi A.S.: Announcement regarding Fitch Ratings

Turkiye Garanti Bankasi ASAnnouncement

31/05/2025 13:45

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   Turkiye Garanti Bankasi A.S. (TGBD)
   Turkiye Garanti Bankasi A.S.: Announcement regarding Fitch Ratings

   31-May-2025 / 13:41 GMT/BST

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   TO: Investment Community

         FROM : Garanti BBVA / Investor Relations

   SUBJECT: Announcement regarding Fitch Ratings

    

   DATE: May 30, 2025

    

   The international  rating agency  Fitch Ratings  has affirmed  on May  30,
   2025, Garanti BBVA's Long-Term Foreign Currency and Local Currency IDRs at
   "BB-", also affirmed  the outlook at  Stable. Additionally, Fitch  Ratings
   kept stable Garanti BBVA's Viability Rating at "bb-".

    

   Bank’s current ratings are as follows:

    

   Fitch (30 May 2025)               Current             Previous
   Long Term FC IDR                  BB-    /     Stable BB- / Stable Outlook
                                     Outlook
   Short Term FC IDR                 B                   B
   Long Term TL IDR                  BB-    /     Stable BB- / Stable Outlook
                                     Outlook
   Short Term TL IDR                 B                   B
   Viability Rating                  bb-                 bb-
   Shareholder Support               bb-                 bb-
   Long Term Senior unsecured notes  BB-                 BB-
   Short Term Senior unsecured notes B                   B
   Subordinated notes                B+                  B+

    

   *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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   Dissemination of a Regulatory Announcement, transmitted by EQS Group.
   The issuer is solely responsible for the content of this announcement.

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   ISIN:          US9001487019
   Category Code: MSCL
   TIDM:          TGBD
   LEI Code:      5493002XSS7K7RHN1V37
   Sequence No.:  391235
   EQS News ID:   2148486


    
   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=2148486&site_id=reuters~~~6aa99418-46f7-48b9-89fd-959a8d2e4912&application_name=news


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