Announcement regarding Fitch Ratings
Announcement regarding Fitch Ratings
Fitch Credit Ratings has affirmed Garanti BBVA’s Long Term Foreign and Local Currency IDRs at “B-” and “B“, respectively and revised the Outlooks to Stable from Negative on September 22, 2023, following the revision of the Outlook on Türkiye's Long-Term IDR to Stable from Negative on 8 September 2023. The agency has also affirmed the Bank’s Viability Rating at “b”. Bank's current ratings are as follows.