on Turkiye Garanti Bankasi A.S. (isin : US9001487019)
Fitch Ratings Revises Garanti BBVA's Outlook to Stable
Turkiye Garanti Bankasi A.S. (Garanti BBVA) announced that Fitch Ratings has affirmed its Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) at "BB-" as of April 14, 2026. The outlook on these ratings was revised from Positive to Stable, reflecting Fitch's updated assessment.
Garanti BBVA's Viability Rating remains unchanged at "bb-", and other ratings, including Short Term Foreign Currency IDR ("B") and Long Term Senior unsecured notes ("BB-"), also stay the same. The stability in ratings indicates consistent shareholder support and sound financial health amid changing market conditions.
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