Q2 2024 Turkiye Garanti Bankasi AS Earnings Call Transcript
Hello, and thank you for joining us in Garanti BBVA's First Half 2024 Financial Results Webcast. Our CEO, Mr. Recep Bastug; our CFO, Mr. Aydin Guler, and our Investor Relations Director, Ms. Handan Saygin, will be presenting today. (Operator Instructions) The presentation will now start, so I leave the floor to our presenters.
Good afternoon, everyone. We're very pleased to be with you all on another earnings call presenting our stellar results. Despite the market complexities and challenges of the first half, we continued to deliver improvement in banking performance. Before getting into our financial performance details, let's as usual, go over the broader macroeconomic environment we're in.
We now cast annual 4% GDP growth in the second quarter. Accordingly, we expect almost no change quarter-on-quarter. This will likely take the annual GDP growth in first half '24 closer to 5%. Taking into account the strong performance of first half, there seems to be upside for our 2024 GDP
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