Ceyda Akınç
Head of Investor Relations
Replay available
Turkiye Garanti Bankasi A.S. (TKGBF) Q2 2025 Earnings Call
Turkiye Garanti Bankasi A.S. (OTC: TKGBF) Q2 2025 earnings conference call, held 2025-07-30. Replay captured from the company's public earnings webcast.
Hosted by
Featured presenters
Mahmut Akten
Chief Executive Officer
Aydin Güler
Chief Financial Officer
Mehmet Sevim
Analyst
Simon Nellis
Reporter
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 00:00:01.803 -- 00:00:06.988 Hello, and thank you for joining us, Guarantee BBVA's Second Quarter 2025 00:00:06.988 -- 00:00:12.132 Financial Result Webcast. Our CEO, Mr. Mahmut Akten, our CFO, 00:00:12.132 -- 00:00:15.556 Mr. Aydin Güler, and our Head of Investor Relations, Ms. 00:00:15.556 -- 00:00:20.740 Ceyda Akınç, will be presenting today. As always, there will be a Q&A session 00:00:20.740 -- 00:00:25.765 following the presentation, and you will be able to ask your question either via raise 00:00:25.765 -- 00:00:29.326 hand button or by typing them into the Q&A area. 00:00:29.326 -- 00:00:33.809 I now hand over to our management for the presentation. 00:00:37.235 -- 00:00:40.158 Hello everyone and thank you for joining us. 00:00:40.158 -- 00:00:44.923 Today we are excited to walk you through our first talk earnings results. 00:00:44.923 -- 00:00:48.968 First, I would like to begin with macro environment that shaped the banking sector's 00:00:48.968 -- 00:00:50.890 performance. 00:00:50.890 -- 00:00:54.251 First, in terms of GDP. 00:00:54.520 -- 00:00:59.749 Let me move first to the GDP part. Yes, in terms of GDP, following 00:00:59.749 -- 00:01:04.837 1% growth in the first Q, we now cast a quarterly growth rate of 00:01:04.837 -- 00:01:10.126 around 0.5% in 2Q, which will bring the first half GDP growth 00:01:10.126 -- 00:01:15.661 to above 3%. Thus, for the full year, considering potentially supportive 00:01:15.661 -- 00:01:20.850 fiscal stance and no dramatic impact from weaker external demand, we 00:01:20.850 -- 00:01:25.157 maintain our GDP growth forecast of 3.5%, 00:01:25.157 -- 00:01:29.183 yet evaluate the balance of risk tilted to the downside. 00:01:29.183 -- 00:01:34.352 Rate cut evolution, developments in trade wars, and the accent of fisca...