Announcement regarding Moody's rating affirmation
Announcement regarding Moody's rating affirmation
On 16 July 2026, Moody’s affirmed Garanti BBVA’s Long Term Foreign and Local Currency Deposit Ratings at Ba2. Garanti BBVA’s standalone credit assessment (BCA) and Adjusted BCA were also affirmed at ba3 and ba2, respectively. The outlook on the Bank’s Long Term Foreign and Local Currency Deposit Ratings remains stable.
Bank’s current ratings are as follows:
| Outlook |
Stable |
Stable |
| Long Term FC Deposit |
Ba2 (Stable) |
Ba2 (Stable) |
| Long Term TL Deposit |
Ba2 (Stable) |
Ba2 (Stable) |
| Short Term TL Deposit |
Not - Prime |
Not - Prime |
| Short Term FC Deposit |
Not - Prime |
Not - Prime |
| Baseline Credit Assessment - BCA |
ba3 |
ba3 |
| Adjusted BCA |
ba2 |
ba2 |
| Subordinated Bond (Foreign) |
B1 (hyb) |
B1 (hyb) |
| Senior Unsecured Rating (Medium-Term Note Program) |
(P) Ba2 |
(P) Ba2 |
| National Scale Rating (NSR) Long Term Deposit |
Aaa.tr |
Aaa.tr |
| National Scale Rating (NSR) Short Term |
TR-1 |
TR-1 |