Debt

Funding Strategy

 

Garanti BBVA pursue a prudent debt management strategy in order to achieve a well-diversified and balanced funding base. We are a frequent issuer in the debt capital markets, either as part of the regular funding operations or to issue capital instruments. These issues can take place in several currencies, jurisdictions, maturities, and formats (subordinated, senior unsecured etc.) with interest rates either fixed or floating.

 

Debt Ratings

  Fitch Moody's Standard
& Poor's
Foreign Currency Debt Rating * BB- B1 B+
Global Medium Term Note Program BB- B1 -
DPR Securitisation BBB- - -
Covered Bond - Ba1 -
Subdebt B+ B3 -

*Fitch (Long Term FC), Moody's (Long Term TL Deposit ),
Standard & Poor's (Long Term FC ICR)

Wholesale Funding Profile

 

Maturity Profile