Garanti BBVA announced a net profit of 98.2 billion TL in the first nine months of 2026

Serdar HocamAuthor & Editor

Türkiye Garanti Bankası has announced its financial results for the first nine months of 2026. During this period, the bank achieved a net profit of 98.2 billion TL, while the total credit support provided to the economy reached 4.2 trillion TL.

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Garanti’den ekonomiye 4.2 trilyon TL destek

Türkiye Garanti Bankası (Garanti BBVA) has shared its consolidated financial results covering the first nine months of 2026. The bank reported that it achieved a net profit of 98.2 billion TL and its total assets reached 5.6 trillion TL during this period.

According to the statement made by the bank, the total support provided to the economy through cash and non-cash loans in the first nine months of the year amounted to 4.2 trillion TL.

Garanti BBVA CEO Mahmut Akten, in his assessment of the financial results, stated that the decline in funding costs observed since the second half of the year has positively affected the sector's profitability outlook. Akten noted that changes in interest and funding conditions have increased the importance of effective pricing and balance sheet management.

Sources

  • sabah.com.tr · Link