Turkiye Garanti Bankasi A.S. Under Competition Board Investigation

Turkiye Garanti Bankasi A.S. (Garanti BBVA) has announced that the Competition Board has launched an investigation into their operations. The focus is on potential violations of Article 4 of Law No. 4054 on the Protection of Competition within the labor market.

The investigation aims to assess whether the bank's practices have contravened competitive regulations. Currently, the process is ongoing, and the bank commits to keeping the public informed of significant updates. Garanti BBVA affirms that all information shared complies fully with the regulatory communication standards and their internal records.

Garanti BBVA remains transparent and responsible for the accuracy of their statements. They ensure due diligence to provide complete and correct details regarding the investigation.