REG - Turkiye Is Bankasi - Credit Rating

Turkiye Is Bankasi ASAnnouncement

27/07/2022 13:00

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RNS Number : 9566T  Turkiye Is Bankasi  27 July 2022

Credit Rating

 

International credit rating agency Fitch Ratings revised the ratings of 25
Turkish banks including Isbank, subsequent to the downgrade of Turkiye's
sovereign rating on 8 July 2022.

 

The agency revised Isbank's Long-Term Foreign Currency Issuer Default Rating
to B- from B, Long-Term Local Currency Issuer Default Rating to B from B+; the
outlook on the aforementioned ratings was determined as Negative. Besides, the
agency updated the Bank's Viability Rating to b from b+.

 

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