Announcement regarding Fitch Ratings

Announcement regarding Fitch Ratings

The international rating agency Fitch Ratings has affirmed on May 18, 2026, Garanti BBVA's Long-Term Foreign Currency and Local Currency IDRs at "BB-" and maintained the Outlooks at Stable. Additionally, Fitch Ratings has affirmed Garanti BBVA's Viability Rating at "bb-".

Bank’s current ratings are as follows:

Fitch (18 May 2026) Current Previous
Long Term FC IDR BB- / Stable Outlook BB- / Stable Outlook
Short Term FC IDR B B
Long Term TL IDR BB- / Stable 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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