REG - Turkiye Is Bankasi - S&P Rating Action

Turkiye Is Bankasi ASAnnouncement

20/08/2018 10:30

RNS Number : 2887Y
Turkiye Is Bankasi
20 August 2018
 


S&P Rating Action
International credit rating agency S&P Global Ratings revised credit ratings of 6 Turkish financial institutions, including İşbank, on 17 August 2018.
The agency revised the Long-term Issuer Credit Rating on İşbank from BB- to B+; and the Long-term Turkey National Scale Rating on İşbank from trAA to trA+ and Short-tem National Scale Rating on İşbank from trA-1+ to trA-1. The rating agency affirmed İşbank's other ratings.
The outlook of Long-term Issuer Credit Rating was determined as Negative.
The list of the current ratings assigned to İşbank by S&P Global Ratings is as follows:
Long-term Issuer Credit Rating / Outlook: B+ / Negative
Short-term Turkey National Scale Rating: B
Long-term Turkey National Scale Rating: trA+
Short-term Turkey National Scale Rating: trA-1




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