REG - Turkiye Is Bankasi - Regarding the Credit Ratings

Turkiye Is Bankasi ASAnnouncement

05/06/2018 10:00

RNS Number : 3353Q
Turkiye Is Bankasi
05 June 2018
 


Regarding the Credit Ratings
International credit rating agency Fitch Ratings placed various credit ratings of 25 Turkish banks, including İşbank, on "Rating Watch Negative".
The agency placed İşbank's "BB+" Long Term Local Currency and Foreign Currency Issuer Default Ratings, "bb+" Viability Rating, "AA+(tur)" National Long Term Rating, "BB+" Long Term Senior Unsecured Debt Rating and "BB" Subordinated Debt Rating on "Rating Watch Negative"; and affirmed the Bank's following ratings.
 
Short Term Foreign Currency Issuer Default Rating: B
Short Term Local Currency Issuer Default Rating: B
Support Rating: 4
Support Rating Floor: B+
Short Term Senior Unsecured Debt Rating: B
 




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