Mahmut Akten
CEO
Replay available
Turkiye Garanti Bankasi A.S. (TKGBF) Q2 2026 Earnings Call
Turkiye Garanti Bankasi A.S. (OTC: TKGBF) Q2 2026 earnings conference call, held 2026-07-30. Replay captured from the company's public earnings webcast.
Hosted by
Featured presenters
Atil Özus
CFO
Mustafa Kemal Karaköze
Analyst, TEP Investment
Mehmet Sevim
Analyst, JP Morgan
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 00:00:00.217 -- 00:00:05.759 Good afternoon and thank you for joining Garanti BBVA's first half 2026 financial 00:00:05.759 -- 00:00:11.381 results webcast. Today, representing Garanti BBVA, we are joined by our CEO, 00:00:11.381 -- 00:00:16.602 Mr. Mahmut Akten, our CFO, Mr. Atil Özus, and our Head of Investor 00:00:16.602 -- 00:00:21.664 Relations, Ms. Ceyda Akinç. Following management's presentation, we will 00:00:21.664 -- 00:00:26.785 open the floor for questions. You can either use the raise hand function or submit your 00:00:26.785 -- 00:00:31.824 questions through the Q&A box. Without further ado, I will now hand over 00:00:31.824 -- 00:00:33.964 to management. 00:00:35.349 -- 00:00:41.337 Hello everyone. We are pleased to be with you again following another solid set of results. 00:00:41.337 -- 00:00:45.640 First, let me begin with macroeconomic environments we are in. 00:00:45.640 -- 00:00:50.684 GDP growth was 2.5% in the first quarter and we now cast 00:00:50.684 -- 00:00:55.728 a similar level as of June. Activity is expected to recover modestly 00:00:55.728 -- 00:01:00.911 in the second half of the year, thus we maintain our 3% growth forecast for 00:01:00.911 -- 00:01:05.995 the full year. On the right-hand side, you can find our inflation and interest 00:01:05.995 -- 00:01:11.119 rate forecasts. Higher food and energy prices slowed down the improvement in 00:01:11.119 -- 00:01:16.335 headline inflation. Nevertheless, preserved tight financial conditions 00:01:16.335 -- 00:01:22.785 and fiscal discipline have supported our 30% year-end CPI forecast. 00:01:22.785 -- 00:01:28.148 Authorities continue to pursue a carefully balanced policy mix combining 00:01:28.148 -- 00:01:32.610 gradual monetary normalization with tight macroprudential measures. ...