Garanti BBVA - Ratings Affirmed

Overview

Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of Türkiye Garanti Bankasi (Garanti) at 'B+' and 'B', respectively. At the same time, CI Ratings has affirmed Garanti's Bank Standalone Rating (BSR) and Core Financial Strength (CFS) rating of 'b+' and 'bb+', respectively. The Extraordinary Support Level (ESL) of Moderate and Negative Outlook have also been affirmed.

Attachments

• Rating Announcement (CRA)
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• Bank Rating Report (Turkey, Garanti BBVA)
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