BRIEF

on Turkiye Garanti Bankasi A.S. (isin : US9001487019)

Moody's Reaffirms Ratings for Turkiye Garanti Bankasi A.S.

On July 16, 2026, Moody's confirmed Turkiye Garanti Bankasi A.S. (Garanti BBVA) ratings. The Long Term Foreign and Local Currency Deposit Ratings held steady at Ba2, with a stable outlook. The bank's standalone credit assessment (BCA) and Adjusted BCA remained unchanged at ba3 and ba2, respectively.

Garanti BBVA's Short Term Foreign and Local Currency Deposit Ratings remain Not-Prime. Additionally, the Subordinated Bond (Foreign) stands at B1 (hyb), while the Senior Unsecured Rating for the Medium-Term Note Program is maintained at (P) Ba2. On the National Scale Rating, Long Term Deposit retains Aaa.tr and Short Term stays at TR-1.

These ratings reflect the bank's consistent financial stability and risk management efficacy in the current economic environment.

R. E.

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