Garanti BBVA (2025)
| Signing Date | 16 Jul 2025 |
| Region of Headquarters: | Europe |
| Current EPFI Reporting Year/Period: | 2025 |
| Institutional Reporting: | Link to Report - Link to Additional Report |
Please read the important notes and disclaimer for further information on ‘EPFI Reporting’, compliance and publication on the EP website.
Further information on this EPFI may be obtained through the Institutional Reporting hyperlink.
Project Finance Advisory Services
Total number mandated in the reporting period: 0
Project Finance Transactions
Total number that reached Financial Close in the reporting period: 1
| Equator Principles Category | A1 | B2 | C3 |
|---|---|---|---|
| Sector | |||
| Mining | |||
| Infrastructure | 1 | ||
| Oil & Gas | |||
| Power | |||
| Others | |||
| Region | |||
| Americas | |||
| Europe, Middle East & Africa | 1 | ||
| Asia Pacific | |||
| Country Designation | |||
| Designated Country 4 | |||
| Non Designated Country | 1 | ||
| Both | |||
| Independent Review | |||
| Yes | 1 | ||
| No | |||
| Totals | 1 | ||
Category A – Projects with potential significant adverse environmental and social risks and/or impacts that are diverse, irreversible or unprecedented.
Category B – Projects with potential limited adverse environmental and social risks and/or impacts that are few in number, generally site-specific, largely reversible and readily addressed through mitigation measures.
Category C – Projects with minimal or no adverse environmental and social risks and/or impacts.
Designated Countries are those countries deemed to have robust environmental and social governance, legislation systems and institutional capacity designed to protect their people and the natural environment.
Project-related Refinance & Project-related Acquisition For Project Finance
Total number that reached Financial Close in the reporting period: 0
Project Name Reporting For Project Finance (And Project-related Refinance & Project-related Acquisition Finance For Project Finance)
| No. | Project Name | Sector | Project Location(s) | Year of Financial Close |
|---|---|---|---|---|
| 1 | Antalya Alanya Motorway | Infrastructure | Turkiye | 2025 |
Project-Related Corporate Loans
Total number that reached Financial Close in the reporting period: 0
Project-related Refinance & Project-related Acquisition For Project-related Corporate Loans
Total number that reached Financial Close in the reporting period: 1
| Sector | |
|---|---|
| Mining | |
| Infrastructure | 1 |
| Oil & Gas | |
| Power | |
| Others | |
| Sub-Total | 1 |
| Region | |
|---|---|
| Americas | |
| Europe, Middle East & Africa | 1 |
| Asia Pacific | |
| Sub-Total | 1 |
| Country Designation | |
|---|---|
| Designated Country | |
| Non Designated Country | 1 |
| Both | |
| Sub-Total | 1 |
Project Name Reporting For Project-related Corporate Loans (And Project-related Refinance & Project-related Acquisition For Project-related Corporate Loans)
| No. | Project Name | Sector | Project Location(s) | Year of Financial Close |
|---|---|---|---|---|
| 1 | Project Railway | Infrastructure | Turkiye | 2025 |
Implementation of the Equator Principles
Garanti BBVA has maintained environmental and social risk management processes within its credit framework since 2011. In 2012, the Bank established its Environmental and Social Impact Assessment Process (ESIAP) to conduct enhanced environmental and social due diligence in line with internationally recognized standards, including the IFC Performance Standards and the World Bank Environmental and Social Standards. Following its becoming an Equator Principles Financial Institution (EPFI) on 16 July 2025, Garanti BBVA incorporated the requirements of EP4 into this established framework through the Equator Principles Procedure and related implementation guidelines.
The Environmental and Social Impact Assessment (ESIA) Team within the Sustainability Department serves as the Equator Principles Review function. The team consists of three members, two of whom are designated as Equator Principles Reviewers. The ESIA Team is responsible for environmental and social due diligence, project categorization, assessment of compliance with the Equator Principles and oversight of their implementation.
Relevant business lines identify transactions within the scope of the Equator Principles and perform the initial screening. The ESIA Team conducts the environmental and social assessment and provides its conclusions to the relevant Credit Committees and Credit Approval Bodies, which incorporate the assessment into financing decisions. Through the Equator Principles Procedure, EP4 requirements have been integrated into the Bank’s credit approval, environmental and social risk assessment, monitoring and reporting procedures. In preparation for the first year of EP4 implementation, the Bank updated its internal procedures and implementation documents and provided awareness and training activities to the relevant functions.
Further information is available in the Garanti BBVA 2025 Türkiye Sustainability Reporting Standards (TSRS) Aligned Sustainability Report (pages 51–53).