Garanti BBVA surpasses TL 1 trillion in sustainable finance and reinforces long-term climate and nature-focused strategy

Garanti BBVA surpasses TL 1 trillion in sustainable finance and reinforces long-term climate and nature-focused strategy

(IN BRIEF) Garanti BBVA has surpassed TL 1 trillion in sustainable finance as of January 2026, in line with its updated TL 3.5 trillion target for 2018–2029, reflecting its long-term commitment to financing projects with positive environmental and social impact. The bank continues to support sectors such as renewable energy, women’s entrepreneurship, and social infrastructure while also advising clients on decarbonization and climate risk management. CEO Mahmut Akten highlighted that sustainability is now integrated into the bank’s core strategy and operations, and reaffirmed Garanti BBVA’s role in advancing sustainable finance as a key lever for transformation in Türkiye.

(PRESS RELEASE) BILBAO, 3-Feb-2026 — /EuropaWire/ — Garanti BBVA has exceeded TL 1 trillion in sustainable finance as of January 2026, marking a significant milestone in its long-term sustainability strategy and aligning with its revised target of TL 3.5 trillion for the 2018–2029 period. The achievement underscores the bank’s sustained commitment to integrating environmental and social considerations into its core business model.

The bank continues to channel capital toward projects that generate measurable social and environmental benefits, including investments in renewable energy, support for women entrepreneurs, and financing for social infrastructure initiatives. Garanti BBVA’s approach goes beyond traditional lending, positioning the institution as a strategic partner that actively supports clients in their sustainability transitions. This includes providing guidance on decarbonization strategies, climate risk assessment, and the integration of sustainability into business operations.

Garanti BBVA’s sustainability framework is built on internationally recognized standards for transparency, governance, and impact management. In 2025, the bank stood out among global financial institutions by receiving an ‘A’ rating across all three evaluated categories—climate change, water security, and forests—in the CDP assessment, reflecting its strong performance in environmental stewardship.

Mahmut Akten, CEO of Garanti BBVA, emphasized that sustainability is embedded in the bank’s purpose rather than being treated as a standalone objective. He highlighted that the institution is systematically redesigning its internal processes, from capital allocation to risk management, to prioritize climate and nature-related considerations. The bank is also expanding its financial infrastructure to support green transformation, inclusive economic growth, and social impact initiatives across Türkiye.

Akten described the surpassing of TL 1 trillion in sustainable finance as a tangible sign of confidence from investors, customers, and other stakeholders. He reaffirmed Garanti BBVA’s ambition to contribute to a more resilient and sustainable future while addressing current economic and environmental challenges. The bank will continue to position sustainable finance as a central driver of transformation within Türkiye’s financial and economic landscape.

Media contact:
press@garantibank.eu

SOURCE: Banco Bilbao Vizcaya Argentaria, S.A.