TKYD recognized Garanti BBVA’s great achievements regarding corporate governance
TKYD recognized Garanti BBVA’s great achievements regarding corporate governance
Garanti BBVA’s commitment to corporate governance principles and the importance given to compliance with the Capital Markets Board (CMB) Corporate Governance Principles was recognized with the “Highest Corporate Governance Rating Score” and ““Highest Corporate Governance Rating Score within the Board of Directors Category” award by Corporate Governance Association of Turkey (TKYD). Having increased its Corporate Governance Principles Compliance overall score to 9.79, and with its score in the Board of Directors category of 9.81 over 10 being the highest grade in Turkey, Garanti was entitled to the awards. The award was presented to Garanti Bank’s Independent Board Member Mr. Aydin Duren at TKYD’s XIV. International Corporate Governance Summit.
Garanti BBVA is evaluated by JCR Eurasia Rating in four main categories of compliance with CMB Corporate Governance Principles, namely “Shareholders”, “Public Disclosures and Transparency”, “Stakeholders”, “Board of Directors” . The bank received an overall score of 9.79 due to increased effectiveness of its website with new content additions . And within the evaluation of the Board of Directors category Garanti received the score of 9.81; with its effective and visionary Board of Directors comprised of highly qualified, educated and experienced members.
