Turkiye Garanti Bankasi A.S.: JCR Credit Rating Affirmed

Turkiye Garanti Bankasi A.S. (Garanti BBVA) has announced that JCR Eurasia Rating has reaffirmed its consolidated structure in the highest investment grade category. As of September 30, 2024, the Long-Term National Issuer Credit Rating stands at 'AAA (tr)' with a Stable outlook, while the Short-Term National Issuer Credit Rating is 'J1+ (tr)' with a Stable outlook.

The Long-Term International Foreign Currency Issuer Credit Rating has been affirmed at 'BBB-' with a Stable outlook, and the Long-Term International Local Currency Issuer Credit Rating remains at 'BBB' with a Stable outlook. These ratings surpass the country's rating ceiling.

Garanti BBVA confirms that the disclosed information adheres to regulatory principles and accurately reflects received data. The bank emphasizes its commitment to providing correct and complete information.