Turkiye Garanti Bankasi A.S. Gains Approval for Green Debt Issuance

Turkiye Garanti Bankasi A.S. has received approval from the Capital Markets Board (CMB) for its green and sustainable debt instrument issuance. The plan, first resolved by the Board of Directors on January 15, 2026, includes issuing bonds and subordinated debts up to $2 billion. These financial instruments may be counted towards the bank's equity calculations. The debt will be issued in various foreign currencies, with fixed or floating rates based on market conditions at the time of issuance.

The issuance is intended for sale outside Turkey, without a public offering. This step marks a significant move toward sustainable financial practices for Turkiye Garanti Bankasi A.S. The CMB's approval, published in bulletin 2026/12, confirms the bank's compliance with necessary regulatory requirements.