Announcement regarding Fitch Ratings

Announcement regarding Fitch Ratings

The international rating agency Fitch Ratings has affirmed on April 14, 2026, Garanti BBVA's Long-Term Foreign Currency and Local Currency IDRs at "BB-", and revised outlook to Stable from Positive. Additionally, Fitch Ratings kept stable Garanti BBVA's Viability Rating at "bb-". 

Bank’s current ratings are as follows:

Fitch (14 April 2026) Previous Current
Long Term FC IDR BB- / Positive Outlook BB- / Stable Outlook
Short Term FC IDR B B
Long Term TL IDR BB- / Positive Outlook BB- / Stable 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+

 

Announcement regarding Fitch Ratings

 

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