Page 13 - Turkinsurance Digital Magazine

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Garanti BBVA Emeklilik Closed 2025 with Above-Sector-Average Growth and
Strong Profitability

Garanti BBVA Emeklilik outperformed the sector average in
2025, recording 89% growth in voluntary Private Pension
System (BES) fund size and 87% growth in total BES fund
size. Increasing its market share in under-18 BES to 20.8%,
the company completed the year with a strong performance,
achieving 108% premium growth in life insurance and total
technical profit of TRY 7.2 billion.

As of the end of 2025, Garanti BBVA Emeklilik delivered
strong financial results by achieving growth above sector av-
erages in both individual pension and insurance lines. The
company reinforced its sustainable growth through momen-
tum in both fund size and premium production. sion System (BES) fund size of TRY 299.4 billion, record-

ing 89% growth in this area and outperforming the sector
As of year-end, Garanti BBVA Emeklilik recorded techni- average of 78%, becoming one of the fastest-growing com-
cal profit of TRY 463 million from its individual pension panies in terms of fund size. Total BES fund size rose to
operations, while technical profit from insurance operations TRY 317 billion, exceeding the sector average of 76% with
reached TRY 6.7 billion. With these results, the company a growth rate of 87%.
closed 2025 with a total technical profit of TRY 7.2 billion.
In 2025, Garanti BBVA Emeklilik maintained its sector Garanti BBVA Emeklilik reached a total of 3.5 million BES
leadership with a 40% market share in digital sales. participants, positioning itself above the sector’s 5% in-
crease with a growth rate of 6%. The share of digital sales
“In line with our customer-focused approach, we con- within total BES sales was 53%.
tinue to develop accessible and flexible solutions cen-
tered on digitalization” Garanti BBVA Emeklilik also delivered strong performance
on the contribution side, with its voluntary BES contribu-
Nurdan Tunay Günaylı, General Manager of Garanti BBVA tion amount reaching TRY 103.8 billion. While the company
Emeklilik, made the following remarks regarding the com- achieved 110% growth in this area, the sector average re-
pany’s 2025 results: “We closed 2025 with very strong mained at 82%. The additional contribution amount totaled
figures. We believe the strong performance we delivered TRY 40.7 billion in 2025, drawing attention with a growth
throughout the year is the result of a strategy shaped by ac- rate of 218%.
curately analyzing our customers’ needs, aiming to create
sustainable value, and adopting a long-term perspective. We In the Automatic Enrollment System (OKS), Garanti BBVA
are very pleased that this performance in pension and in- Emeklilik’s number of participants reached 1.9 million, ex-
surance has further strengthened our position in the sector. ceeding the sector’s 3.8% increase with a growth rate of
In line with our customer-focused approach, we continue to 6.1%. OKS fund size reached TRY 17.6 billion, with growth
develop accessible and flexible solutions centered on digi- in this area recorded at 53.8%.
talization. In this regard, our strong collaboration with Ga-
ranti BBVA continues to be an important source of support Strong Performance in Under-18 BES
in advancing the experience we offer our customers through
technological infrastructure and innovative applications. In Garanti BBVA Emeklilik gained strong momentum in the
the coming period, drawing strength from this synergy, we under-18 BES segment, reaching 341,000 participants in
will continue to produce solutions that enable our customers 2025 and becoming the company that acquired the highest
to plan their futures with confidence.” number of participants during the year. With 22% growth,
it outperformed the sector average of 16%. During the same
Above-Sector-Average Growth in BES period, the company’s market share increased from 19.6%
to 20.8%. The under-18 BES fund size reached TRY 18
Garanti BBVA Emeklilik reached a voluntary Private Pen- billion, with growth in this area recorded at 142%.