Turkiye Garanti Bankasi A.S.: Announcement regarding revised Corporate Governance Ratings
Turkiye Garanti Bankasi A.S. (TGBD)
TO: Investment CommunityFROM : Garanti BBVA / Investor RelationsSUBJECT: Announcement regarding revised Corporate Governance Ratings
DATE: November 11, 2019
Our Bank has signed an agreement with JCR Eurasia Rating, which is an authorized rating agency operating under the license of the Capital Markets Board of Turkey ("CMB") in accordance with the Corporate Governance Principles issued by the CMB, on 17.07.2018 for a period of two years. As a result of JCR Eurasia Rating's assessment for 2019, our Bank's Corporate Governance compliance score has been revised up to 9.73 from 9.60 (over 10) and the outlook has been assigned as Positive.
The Bank will remain to be within the scope of Borsa İstanbul Corporate Governance Index due to its overall corporate governance compliance score being higher than the threshold score of "7". Corporate Governance Rating Report prepared by JCR Eurasia Rating is accessible on the Bank's Investor Relations website www.garantibbvayatirimciiliskileri.com and www.garantibbvainvestorrelations.com
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 2352Fax: +90 212 216 5902E-mail: [email protected]www.garantibbvainvestorrelations.com
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ISIN: | US9001487019 |
Category Code: | MSCL |
TIDM: | TGBD |
OAM Categories: | 3.1. Additional regulated information required to be disclosed under the laws of a Member State |
Sequence No.: | 34680 |
EQS News ID: | 933213 |
End of Announcement | EQS News Service |
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