BIST:GARAN

Garanti BBVA announced a new open banking feature that allows customers to view and manage credit and debit cards issued by different banks from a single screen through its mobile and online banking platforms.

The integration enables users to monitor key information such as credit limits, transaction history and reward points for cards held at other institutions without switching between multiple banking applications. The feature is available not only to individual customers but also to merchants, SMEs and corporate clients, providing a more comprehensive view of their financial position.

The service complies with open banking regulations and can be activated in the Garanti BBVA mobile app by authorizing access to cards from other banks. Once authorized, card information is displayed securely within the platform.

In addition, the bank introduced new functions allowing customers to create scheduled and recurring transfer orders using accounts held at other banks. This allows users to manage regular payments and transfers from a single platform even when funds are located at different financial institutions.

Garanti BBVA said the development is part of its broader open banking strategy to enable customers to manage financial data securely and seamlessly within one digital ecosystem.
BBVA has been named the Best Bank in the World for Green Bonds by Global Finance in its 2026 Sustainable Finance Awards, recognizing achievements made during 2025. The bank was also awarded Best Bank in Sustainable Finance in Spain, while Garanti BBVA received the same distinction in Türkiye.

Global Finance additionally honored BBVA with the Sustainable Finance Deal of the Year award for its agreement with Verdalia to finance biomethane infrastructure, highlighting the bank’s role in supporting decarbonisation through renewable gas projects. In Western Europe, BBVA received awards for green bonds and the Verdalia transaction, while Garanti BBVA was recognized in Central and Eastern Europe for supporting communities and for its role in the €1.7 billion sustainability-linked financing of the Antalya–Alanya highway project.

Sustainable finance remains a core strategic priority for BBVA. Under its new strategic cycle, the group aims to channel €700 billion into sustainable business between 2025 and 2029, focusing on climate action, natural capital and social opportunities. The awards underscore BBVA’s leadership in green and sustainable finance across its main markets, including Spain, Mexico, Türkiye and South America, as well as through its Corporate & Investment Banking division.
Garanti BBVA Payment Systems has released its report “2025 Card Payments in Türkiye,” highlighting strong growth in card usage, e-commerce, and contactless payments, based on data from the Interbank Card Center (BKM).

Total card spending rose 51.9% to over TL 24.6 trillion, driven mainly by credit cards (TL 20.4 trillion), while total card numbers are expected to reach 460 million. Consumers increasingly preferred upfront payments, accounting for 80.5% of credit card transactions, though installment use grew in e-commerce. Online spending reached TL 6.71 trillion, making up 32.8% of all card transactions.

Contactless payments continued their rapid rise, with 7.96 billion transactions in 2025, representing 68% of all card payments, confirming contactless as a mainstream consumer habit in Türkiye.
Garanti BBVA is marking 20 years of dedicated support for women entrepreneurs in Türkiye, highlighting the evolution of a program that has expanded access to finance while reshaping how banks can foster long-term, inclusive business growth. Launched in 2005 to serve an underserved segment, the initiative has grown into a benchmark model with measurable social impact and clear business value.

Over the past five years, Garanti BBVA has channelled more than €5 billion in financing to women entrepreneurs, including €2.5 billion in 2025 alone. Beyond funding, the program combines tailored financial products with education, visibility and market access. Key pillars include training programs such as the Women Entrepreneurs Academy, award platforms that have attracted tens of thousands of applicants, and digital trade initiatives connecting women-led businesses to new markets.

The bank emphasizes that empowering women entrepreneurs is both a social priority and a strategic investment, particularly in Türkiye, where female labor force participation remains well below OECD averages. The initiative has been recognized by international institutions including the IFC, EBRD and the United Nations, and is positioned as a core element of Garanti BBVA’s sustainable finance and inclusive growth strategy.
Garanti BBVA Hosts Global Expansion Day to Support Turkish Startups

Garanti BBVA hosted Global Expansion Day earlier this month, bringing together Turkish entrepreneurs with official delegations and innovation-focused organizations from 15 countries. The event aimed to support international expansion by connecting startups with global investors, accelerators, and business development partners, including Techstars, La French Tech, and representatives from Europe and Asia.

Garanti BBVA highlighted its nearly 20-year commitment to entrepreneurship, noting it has supported close to 60 startups with investments approaching $40 million. The event featured panels on global scaling strategies and structured B2B matchmaking, enabling selected scale-ups to hold one-on-one meetings with international stakeholders.
Garanti BBVA Highlights Strong 2025 Performance, Sets Strategic Priorities for 2026

Garanti BBVA CEO Mahmut Akten said 2025 was a record year marked by strong financial results, disciplined balance sheet management and continued sector leadership, despite Türkiye’s tight monetary environment. The bank surpassed 29 million customers, maintained leadership in TL lending and payment systems, and continued heavy investment in technology and AI-driven banking. Looking to 2026, Garanti BBVA expects credit growth limits to remain largely in place, prioritising financial discipline, customer-centric growth, sustainability and digital transformation. The bank also raised its sustainable finance target to TRY 3.5 trillion by 2029.
Garanti BBVA has launched a new personal finance feature called “My Credit Coach” within its Garanti BBVA Mobile app, aimed at helping customers better manage their finances, improve financial health and plan ahead. The tool analyzes customers’ banking history to provide an overall view of their financial situation and delivers personalized guidance tailored to individual needs.

Available under the “My Status” section of the app, My Credit Coach supports healthier financial habits by encouraging users to track payment schedules, keep personal information up to date and better understand key financial concepts. It also offers clear explanations on topics such as credit scores and the differences between cash advances and loans, helping to strengthen financial literacy, particularly among younger customers.

In addition, the tool presents personalized credit, overdraft and credit card offers based on each customer’s profile. Garanti BBVA stated that My Credit Coach will continue to evolve with new features over time, reinforcing the bank’s goal of supporting customers throughout every stage of their financial journey.
BBVA and OpenAI have announced a strategic alliance to transform banking through artificial intelligence, marking an unprecedented level of collaboration in the financial sector. After nearly two years of joint work, the partnership will see both organizations co-invest and co-develop AI-driven solutions aimed at creating a highly personalized, customer-centric banking experience while improving operational efficiency across the bank.

Under the agreement, BBVA will gain preferential access to OpenAI’s most advanced models and expert talent. Key initiatives include developing intelligent conversational assistants for customers, AI tools to support relationship managers, and systems to streamline risk analysis, software development, and employee workflows, including a “digital alter ego” to boost productivity.

BBVA will also roll out ChatGPT Enterprise to more than 120,000 employees globally, following a successful pilot that showed significant time savings. In parallel, BBVA plans to integrate its banking services directly into ChatGPT, setting a new benchmark for AI adoption and innovation in global banking.
Garanti BBVA has completed a new sustainability-linked syndicated loan as part of its international funding program, drawing participation from 49 financial institutions across 22 countries.

The loan package includes a one-year tranche (€61 million / $97.75 million), a two-year tranche (€28 million and $157 million), and a three-year tranche ($75 million). Pricing for the 367-day tranche was SOFR + 1.50 percent (USD) and Euribor + 1.25 percent (EUR); for the 736-day tranche SOFR + 1.90 percent and Euribor + 1.65 percent; and for the 1,103-day tranche SOFR + 2.15 percent.

CEO Mahmut Akten highlighted the strong confidence shown by international investors, noting that the three-year tranche reflects long-term trust. He said the funding will support Garanti BBVA’s sustainable debt financing framework and contribute to environmental and social impact initiatives, reinforcing the bank’s commitment to creating lasting value for Turkey’s economy.
BBVA: ICO and Garanti BBVA Sign 100 Million Dollar Financing Agreement for Spanish Companies in Türkiye

Spain’s state-owned development finance institution ICO and Garanti BBVA have signed their first financing agreement in Türkiye, enabling up to 100 million dollars in funding for projects involving Spanish companies. The deal marks ICO’s entry into the Turkish market under its International Channel Facility, expanding a long-standing partnership with the BBVA Group across Latin America and now Eurasia.

Garanti BBVA, Türkiye’s second-largest private bank, will channel the financing toward sustainability and digital transformation projects, supporting technology-driven companies and strengthening commercial ties between Spain and Türkiye. The agreement also covers Turkish companies with investment or business links to Spain.

Assets under management involved in the transaction amount to 48 billion TL, with Goldman Sachs TFI serving more than 736,000 clients and holding roughly a 12% share of Poland’s mutual fund market.

During an information event in Istanbul, Spanish Ambassador Cristina Latorre, Garanti BBVA CEO Mahmut Akten, and ICO official Fernando Salazar highlighted the deal’s strategic importance. BBVA’s CIB head in Türkiye, Sinem Edige, noted that ICO-backed financing will offer more competitive funding for internationally active companies.

ICO’s International Channel Facility has already mobilized 3.72 billion euros globally, financing more than 570 projects. With this ninth agreement between ICO and the BBVA Group, both institutions aim to further support Spanish corporate internationalization and deepen economic ties between Spain and Türkiye.
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02-06-25ME NEWS