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Turkiye Garanti Bankasi A.S.: Announcement regarding JCR Euriasia Rating Credit Ratings

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Turkiye Garanti Bankasi A.S. (TGBD)
29-Sep-2021 / 19:00 GMT/BST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.

TO: Investment Community

FROM : Garanti BBVA / Investor Relations

SUBJECT: Announcement regarding JCR Euriasia Rating Credit Ratings

 

 

DATE September 29, 2021

 

On its report dated September 29, 2021, JCR Eurasia Rating has affirmed the T. Garanti Bankası A.Ş.'s Long Term International Foreign and Local Currency ratings, within the investment grade category, as 'BBB-' and 'BBB', respectively while revising the Outlook to "Stable" from "Negative". The Bank's  Long Term National Scale rating has been affirmed as 'AAA (Trk)'  with 'Stable' outlook which denotes the investment grade with the highest credit rating note assigned by the agency.

 

Bank's current ratings are as follows:

 

 JCR Eurasia Rating  

Current

Former

Long Term International FC

BBB- (Stabil)

BBB- (Negatif)

Long Term International TL

BBB (Stabil)

BBB (Negatif)

Long Term National

AAA (Trk) (Stabil)

AAA (Trk) (Stabil)

Short Term International FC

A-3 (Stabil)

A-3 (Negatif)

Short Term International TL

A-3 (Stabil)

A-3 (Negatif)

Short Term National

A-1 +(Trk) (Stabil)

A-1 +(Trk) (Stabil)

Sponsor Support

1

1

Stand Alone

A

A

 

In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.

 

We declare that our above statements are in conformity with the principles included in the Board's Communiqué, Serial II Nr.15.1, that it exactly reflects the information we received; that the information complies with our records, books and documents; that we did our best to obtain the correct and complete information relative to this subject and that we are responsible for the declarations made in this regard.

 

Yours sincerely,

Garanti BBVA

Contact Garanti BBVA Investor Relations:

Tel: +90 212 318 2352

Fax: +90 212 216 5902
E-mail: investorrelations@garantibbva.com.tr
www.garantibbvainvestorrelations.com

 


ISIN:

US9001487019

Category Code:

MSCL

TIDM:

TGBD

LEI Code:

5493002XSS7K7RHN1V37

Sequence No.:

123214

EQS News ID:

1236864


 

End of Announcement

EQS News Service

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