BBVA
- Turkiye
Global Banks Forecast Turkiye Interest Rate Cuts as Inflation Eases
International banks have published updated inflation and interest-rate forecasts for Türkiye following the release of July inflation data, with BBVA…
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Garanti BBVA Beats Estimates with TL30.4 Billion Second-Quarter Profit
ISTANBUL — Garanti BBVA reported a net profit of TL30.4 billion ($) for the second quarter of 2026, slightly exceeding…
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Central Bank of the Republic of Turkiye Expected to Hold Rates at 37% as Economists Weigh Inflation Risks Ahead of June Meeting
The Central Bank of the Republic of Türkiye (CBRT) is widely seen as keeping its benchmark interest rate at 37%…
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BBVA Maintains Türkiye Inflation Forecast, Warns of Rising Upside Risks
ANKARA — Spanish financial institution BBVA Research has kept its inflation forecast for Türkiye unchanged while warning that upward risks…
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Turkish lender Garanti BBVA says no decision yet on Romania unit sale
Türkiye-based lender Garanti BBVA said it has not made a final decision regarding a possible sale of its Romanian subsidiary,…
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Global banks update Turkiye inflation outlook ahead of new data
Major international banks ING, Goldman Sachs, and BBVA have released updated assessments on Türkiye’s economic outlook ahead of official September…
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BBVA Maintains Turkiye’s 2025 GDP Forecast at 3.5%, Raises Inflation Outlook to 31%
BBVA has left its growth projections for Türkiye unchanged, expecting the country’s gross domestic product (GDP) to expand by 3.5%…
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Turkiye’s Banking Sector Profitability Set to Improve in 2025, BBVA Reports
The Turkish banking sector’s profitability is expected to improve in 2025, driven by a recovery in the net interest margin…
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Garanti BBVA Reports Consolidated Net Profit of 22.479 Billion Turkish Liras in the First Quarter of the Year
According to consolidated financial statements, Türkiye Garanti Bankası achieved a net profit of 22.479 billion 583 million Turkish Liras in…
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BBVA to launch takeover bid for remaining 50.15 percent of Turkish franchise
BBVA first invested in Garanti in 2011, with the acquisition of a 25.01 percent stake, through a purchase of shares…
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