Turkiye Garanti Bankasi Gains CMB Approval for Bond Issuance

Turkiye Garanti Bankasi A.S. (TGBD) has received approval from the Capital Markets Board (CMB) for the issuance of bonds aimed at foreign markets. This decision stems from the GMTN program, which was initially established on April 19, 2013, allowing the bank to issue borrowing instruments in various currencies, series, and maturities.

The latest issuance under this program includes a bond with the ISIN XS3450902583. The nominal amount is USD 20 million, issued on July 23, 2026, and maturing on July 28, 2028. Garanti BBVA has affirmed the accuracy of the information disclosed, adhering to the board’s principles and ensuring transparency with the investment community.

The bank has emphasized its commitment to providing accurate and complete declarations, relying on the guidelines set forth by the CMB. This move marks a strategic effort to tap into foreign markets, enhancing its financial flexibility.