Turkiye Garanti Bankasi Enhances Corporate Governance Score

Turkiye Garanti Bankasi A.S. has announced a slight improvement in its Corporate Governance Compliance Rating, as assessed by JCR Eurasia Rating. The bank's rating increased from 9.81 to 9.82, with a stable outlook. This assessment follows the principles set by the Capital Markets Board of Turkey.

The enhancement in the Board of Directors section, from 9.81 to 9.85, owes to exceeding the 25% female membership threshold with the appointment of Ms. Ebru Oğan Knottnerus. Other sections like Shareholders, Public Disclosure & Transparency, and Stakeholders maintained their previous scores of 9.73, 9.85, and 9.87 respectively.

Garanti BBVA’s compliance remains above the Borsa İstanbul Corporate Governance Index threshold, ensuring strategic stability. This reflects JCR-ER's confidence in the bank's ongoing commitment to high governance standards.