Turkiye Garanti Bankasi A.S. Receives CMB Approval for Foreign Bond Issuance

Turkiye Garanti Bankasi A.S. (Garanti BBVA) has received approval from the Capital Markets Board (CMB) for the issuance of bonds in foreign markets. This approval aligns with their Global Medium Term Notes (GMTN) program, which was established to facilitate borrowing instruments issuance in various currencies, with differing series and maturities.

The approved bond, with ISIN XS3144723221, will be issued on August 5, 2025, with a maturity date of August 10, 2026. It will be denominated in euros, carrying a nominal value of €50 million. This development underscores Garanti BBVA's efforts to diversify its capital structure and expand its presence in international financial markets.

Garanti BBVA emphasizes that the Turkish version of their disclosure prevails in case of any discrepancies between the Turkish and English versions. Their commitment to transparency and adherence to the Board’s Communiqué principles is reiterated.