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

Turkiye Garanti Bankasi A.S., a prominent financial institution in Turkey, announced it has received approval from the Capital Markets Board (CMB) for a bond issuance targeting foreign markets. The announcement comes as part of the bank's Global Medium Term Notes (GMTN) program, initially established back in 2013. This program allows the bank to issue borrowing instruments in various currencies, series, and maturities.

The specific bond issuance approved under this program carries an ISIN number XS3444175478. The issuance is slated for July 16, 2026, with a maturity date of July 26, 2028, and is denominated in euros for a nominal amount of 30 million euros.

This move underscores Garanti BBVA's ongoing strategy to diversify its funding sources and expand its presence in international financial markets. The bank maintains that all statements are in compliance with regulatory requirements and are based on accurate information.