Turkiye Garanti Bankasi A.S. Plans Asset-Backed Securities Issuance

Turkiye Garanti Bankasi A.S. (TGBD) has announced a decision by its Board of Directors to issue Asset-Backed Securities (ABS). The resolution, dated October 8, 2026, sets the issuance ceiling at TRY 100 billion. This issuance will be conducted through the "TMKŞ Garanti BBVA İkinci Varlık Finansmanı Fonu," established by Birleşik İpotek Finansmanı A.Ş., also known as Türkiye Securitization Company. The Capital Markets Board's approval is required for these issuances.

This decision aligns with the Communiqué on Asset-Backed or Mortgage-Backed Securities No. III-58.1. The bank assures that the information declared adheres to the Board’s Communiqué, Serial II Nr.15.1, reflecting accurate and complete records.