Eda Akıncı
Head of Investor Relations
Replay available
Turkiye Garanti Bankasi A.S. (TKGBF) Q1 2026 Earnings Call
Turkiye Garanti Bankasi A.S. (OTC: TKGBF) Q1 2026 earnings conference call, held 2026-04-29. Replay captured from the company's public earnings webcast.
Hosted by
Featured presenters
Atul Aziz
CFO
Mahmut Akkan
CEO
Investor webinar replay
Watch the replay and follow the connected company analysis, news, and investor updates for Turkiye Garanti Bankasi Anonim Sirketi.
Replay transcript excerpt
WEBVTT 00:00:01.955 -- 00:00:07.701 Good afternoon and thank you for joining Guaranteed BBVA's first quarter 2026 00:00:07.701 -- 00:00:12.566 financial results webcast. Today we are joined by our CEO, Mr. 00:00:12.566 -- 00:00:18.613 Mahmut Akkan, our CFO, Mr. Atul Aziz, and our Head of Investor Relations, 00:00:18.613 -- 00:00:23.918 Mr. Eda Akıncı. Following management's presentation, we will open the floor for 00:00:23.918 -- 00:00:25.360 questions. 00:00:25.360 -- 00:00:30.486 You can either use the raise hand function or submit your questions through the Q&A 00:00:30.486 -- 00:00:36.275 box. Without further ado, I will now hand over to management. 00:00:37.660 -- 00:00:42.526 Hello everyone, we are pleased to be with you again following another quarter of strong 00:00:42.526 -- 00:00:44.709 financial performance. 00:00:44.709 -- 00:00:49.775 Before getting into our financial performance details, let's as usual go over the 00:00:49.775 -- 00:00:55.122 macroeconomic environment we are in. Following 3.6% annual 00:00:55.122 -- 00:01:01.568 growth in 2025, we now cast a moderate GDP growth of 2.5-3%, 00:01:01.709 -- 00:01:06.835 in the first quarter. Although this fire remains a possibility, the physical 00:01:06.835 -- 00:01:12.802 destruction in the region suggests that the recovery on the supply side will take time. 00:01:12.802 -- 00:01:17.828 Therefore, we evaluate downside risk to our 4% GDP 00:01:17.828 -- 00:01:21.209 growth forecast for 26. 00:01:21.252 -- 00:01:27.216 We have revised up our year and policy rate assumptions from 32% to 35% 00:01:27.699 -- 00:01:33.244 alongside a higher inflation outlook. In line with our above 30% 00:01:33.244 -- 00:01:38.269 inflation expectation until September, we expect CBRT to 00:01:38.269 -- 00:01:43.633 keep the fu...