Garanti BBVA settles Turkish competition probe with TL 1.55 billion fine
Bitget2026/09/23 11:55- Garanti BBVA will close a Turkish Competition Board labor-market probe via settlement, tied to alleged breaches of Article 4 of Law No. 4054.
- Settlement requires payment of an administrative fine of TL 1.55 billion, under decision 26-19/601-237.
- The bank disclosed the settlement on Sept. 21, 2026, referencing its prior update on Feb. 24, 2026.
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