Banco Bilbao Vizcaya Argentaria

Spain's BBVA and Bank of Cyprus reopened the market with the issuance of the first euro-denominated contingent convertible bonds (CoCo) since the rescue of Credit Suisse in March, in what is seen as an attempt to restore confidence in the banks' riskiest debt instruments.

A Turkish company has provided ballistic protective helmets and flak jackets to Ukrainian President Volodymyr Zelensky and his team.

Kalyon Enerji, the developer of the largest solar facility in Turkey, on Nov. 30 signed a $812 million loan agreement with six Turkish banks, U.S. lender JPMorgan Chase & Co and U.K. Export Finance (UKEF).

The European Bank for Reconstruction and Development (EBRD) on Nov. 22 provided a $25 million loan to Garanti BBVA Leasing for on-lending to eligible companies looking to invest in greater sustainability.

The Spanish bank that owns a 49.85 percent share in Garanti BBVA launched a voluntary takeover bid yesterday for the rest of the stakes in the Turkish lender at a price of 12.20 Turkish Liras ($1.22) per share.

Ratings agency Moody's has said it has upgraded the long-term foreign currency deposit ratings of 12 Turkish banks.

The European Bank for Reconstruction and Development (EBRD) on May 20 announced a $55 million loan to Garanti BBVA, the second-largest private lender in Turkey.

Turkey's telecom giant Türk Telekom and Garanti BBVA, one of the country's largest private banks, have said they came under a cyberattack on Oct. 27.

Banks in Turkey plan to restructure between $7 and $8 billion of current credit debt of energy companies so they can repay their debts by 2020-2021 and ease their ability to potentially participate in further energy investments during this term, Ebru Dildar Edin, executive vice president for corporate and investment banking at Garanti Bank, said Thursday.

Spain's BBVA named Onur Genç as its new chief executive on Nov. 28, with the head of the Spanish bank's U.S. operations due to take over its online transformation from Carlos Torres at the end of 2018.