Garanti BBVA IR TV
Environment, Social And Governance
> Sustainability Milestones
By renewing the financing it received from IFC with the same amount and maturity in 2021, it continued to support its customers against the effects of Covid-19 in adverse market conditions.
As part of its work in sustainable finance, Garanti BBVA is implementing the Green Finance Specialist training course in cooperation with the Green for Growth Fund (GGF) Technical Support Facility and Renewable Energy Academy (RENAC) to increase the technical expertise of 30 employees.
Garanti BBVA provided support for the sustainability of SME customers whose cash flow was adversely affected by the pandemic. To this end, in 2020, it received financing of USD 50 million from IFC and USD 54.7 million from the EBRD.
In order to support women entrepreneurs, a Women Entrepreneur Export Support Loan protocol was signed with Turk Eximbank in 2019.
USD 133 million financing for energy efficiency and renewable energy projects, SMEs, and women entrepreneurs in 22 provinces within the scope of the protocols signed between Garanti BBVA, International Finance Corporation (IFC), Austrian Development Bank (OeEB), with Green Growth Fund (GGF) support.
With the Green Bond product, the first Green Bond issuance in international markets in 2019, Garanti BBVA aimed to support renewable energy and resource efficiency investments and social benefit projects that provide solutions to climate change.
Garanti BBVA, with IFC, made Turkey's first social bond (Gender Bond) issuance for women entrepreneurs with a 6-year maturity of USD 75 million. Within the scope of this transaction, the bank provides women entrepreneurs with working capital of up to 400,000 TL with maturities of up to 36 months.
In 2017, Garanti BBVA signed a 540 million TL contract with the World Bank group member, IFC (International Finance Corporation), within the scope of the Mortgage Covered Securities Issuance (ITMK) program, with a maturity of 5 years for USD 150 million. This contract is Garanti BBVA's first green Mortgage Covered Securities (ITMK) issuance, as well as the first İTMK issuance in which IFC has invested in Turkey.
Environment, Social and Governance
ESG Analyst Data & Presentation
Sustainable Finance And Our Customers
ESG-Linked Syndicated Loans
Occupational Health and Safety (OHS) Management System
Global Eco-Efficiency Plan (2021-25)
Corporate Governance Rating Report
Corporate Governance Principles Compliance Report
Personal Data Protection And Processing Policy
Code of Conduct
Declaration of Human Rights
Dividend Distribution Policy
Human Resources Policy
Anti-Money Laundering Policy
Donation and Contribution Policy
Employee Compensation Policy
Environmental and Social Loan Policies
Climate Change Position Statement & Action Plan
Code of Conduct for Suppliers
Working Principles and Procedures of the BoD
Anti-Corruption Policy Statement
Corporate Governance Committee Working Procedures and Principles
Competition Policy Statement
Corporate Social Sustainability Policy
Suitability and Diversity Policy
Corporate Governance Policy
Corporate Governance Committee
Information Security Committee
IT Strategy Committee
Information Systems Steering Committee
Corporate Assurance Committee
Portfolio Strategy (PSM) Committee
Asset Liability Committee
Risk Management Committee
Data Security and Protection Steering Committee
Cost Management and Efficiency Committee
Corporate Crisis and Business Continuity Management Committee
Responsible Banking and Sustainability Committee
Operational Risk Admission and Product Governance Committee
Information Systems Continuity Committee
Data Sharing Committee
Environmental and Social Risk
Operational and Market Risk
Structural Interest Rate and Structural Exchange Rate Risk
Credit and Counterparty Credit Risk
Risk Management In Affiliates
Tax Strategy & Reporting
Annual General Meeting
Articles of Association
USA Patriot Act Certification