Garanti BBVA has signed a strategic collaboration agreement with IVECO, one of the global brands in the commercial vehicle sector, to simplify commercial vehicle purchasing processes thanks to fast, accessible, and advantageous financial solutions

Garanti BBVA and IVECO have entered a partnership with the goal of creating long-term value in the field of commercial vehicle financing. Within the scope of this collaboration, Garanti BBVA will offer financing solutions to IVECO customers, who will be able to complete their financing processes quickly and securely through instant credit at the dealership or via digital vehicle loans. This successful collaboration among the organizations, aims to facilitate access to IVECO’s wide range of commercial vehicles, and drive significant growth for financial services in the Turkish market under the IVECO CAPITAL brand. As the captive financial services arm of the Iveco Group, IVECO CAPITAL will contribute to delivering a comprehensive range of tailor made financial solutions. Established through Garanti BBVA’s digital banking infrastructure and IVECO’s strong dealer network with strong expertise, this structure offers customers an end-to-end experience in the commercial vehicle purchasing process. Covering a wide customer base from small business owners to large fleet operators, these financing solutions provide financial flexibility for IVECO’s entire product portfolio, ranging from light commercial vehicles to heavy-duty trucks. Through this collaboration, the brands are further strengthening their presence in the Turkish commercial vehicle market. This partnership is expected to continue growing even stronger in the period ahead.

Koray Öztopçu, Director of Consumer Finance at Garanti BBVA, made the following remarks regarding the collaboration: “At Garanti BBVA, our priority is for our customers to access the financing they need quickly and easily. With our customer-oriented financing approach, we support the growth of the commercial vehicle sector as well. This collaboration we have realized represents a very important step in our goal to strengthen our presence in the commercial vehicle sector and create value in this field in our country. We will continue our efforts to be the first choice of our customers in the commercial vehicle purchasing process with our instant loan solutions at the dealership and digital vehicle loans, and to stand by them in their journey of growing their businesses.”

Hakkı Işınak, General Manager of IVECO, Türkiye stated: “At IVECO, our customer-centric approach forms the starting point for all our decisions, from product development to sales processes. We believe that creating lasting value for commercial vehicles users is possible through an integrated mobility approach that extends from vehicle to financing, and from service to operational continuity. This collaboration we have established with Garanti BBVA is a significant building block that contributes to our customers building their investments on firmer foundations and moving their businesses forward with confidence.”

Stefano Crosina, Head of Business Development & Strategy IVECO CAPITAL, Financial Services, stated: “The mission of IVECO CAPITAL is to support IVECO wherever commercial activities take place. Broadening our presence in a dynamic market like Türkiye represents a significant milestone in our geographic expansion strategy. With this collaboration, the brands are strengthening their presence in the Turkish commercial vehicle market. It is expected that the partnership will continue to grow even stronger in the coming period.Garanti BBVA, which has a deep-rooted presence in the country, also draws on the strength of its global majority shareholder, BBVA. Collaborating with such an institution establishes a solid foundation for a successful partnership. Together, we are committed to delivering best-in-class financial products and services to our customers, reinforcing our vision of global reach and excellence.”

IVECO

IVECO is a brand of Iveco Group N.V. (EXM: IVG). IVECO designs, manufactures and markets a wide range of light, medium and heavy commercial vehicles, off-road trucks and vehicles suitable for any body type.

It constantly innovates and extends its product portfolio to provide every customer with the vehicle that matches their mission precisely. IVECO’s full-line offer is designed around the Driver’s needs to ensure an excellent experience with a focus on safety and comfort. A wide range of advanced digital, connectivity-enabled services developed to help fleet owners run their fleet efficiently enhance IVECO’s complete transport solution.

IVECO pursues its decarbonisation strategy through a multi-energy approach that includes the further development of diesel and HVO, natural gas and bio-methane, battery electric and hydrogen technologies.

It has established a global presence with a manufacturing footprint that includes 7 production sites and 8 Research and Development Centres. 3,300 sales and service outlets in over 160 countries guarantee technical support wherever an IVECO vehicle is at work.

Guided by its ‘Spirito in Movimento’, IVECO transforming the transport industry driven by groundbreaking advancements in technology, sustainability, and design, with the ambition to be the most reliable partner and premium, full-line player for its customers.

IVECO Turkey provides integrated sales and after-sales services through 23 authorized dealers, 26 points of sale, and 58 authorized service centers.

IVECO CAPITAL

IVECO CAPITAL is the financial services brand of Iveco Group, offering a comprehensive range of financing, rental and leasing solutions for commercial vehicles, industrial vehicles and buses. Customers can tailor their financial package by combining financing, insurance and value added services such as mobility service cards, maintenance and repair through ELEMENTS, uptime monitoring and the full suite of digital services available via IVECO ON.

With decades of experience supporting the transport sector, IVECO CAPITAL is a reliable partner for customers worldwide, providing easy access to a dynamic and innovative ecosystem of financial solutions designed to meet the evolving needs of modern fleets.

Learn more at www.ivecocapital.com.