Turkiye Garanti Bankasi A.S.: About JCR Credit Rating
Turkiye Garanti Bankasi A.S. (TGBD)
Turkiye Garanti Bankasi A.S.: About JCR Credit Rating
30-Sep-2022 / 16:58 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: About JCR Credit Rating
DATE: September 30, 2022
On its report dated September 30, 2022, JCR Eurasia Rating has affirmed T. Garanti Bankası A.Ş.(the “Bank”)’s Long Term International Foreign and Local Currency ratings, within the investment grade category, as ‘BBB-' and ‘BBB' respectively, along with a “Stable” Outlook. On the other hand, the Bank’s Long Term National Scale rating has been affirmed as ‘AAA (Trk)' along with a ‘Stable' outlook which denotes the investment grade with the highest credit rating note assigned by the agency. The Bank’s current ratings are as follows:
JCR Eurasia Rating (September 30, 2022)
Long Term National
AAA (tr) / (Stable)
Short Term National
J1+ (tr) / (Stable)
Foreign Currency Long Term International
BBB- / (Stable)
Local Currency Long Term International
BBB / (Stable)
Long Term National Issue Specific Rating
AAA (tr) / -
Short Term National Issue Specific Rating
J1+ (tr) / -
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.: 191777 EQS News ID: 1454757
End of Announcement EQS News Service