REG - Turkiye Is Bankasi - Credit Rating

Turkiye Is Bankasi ASAnnouncement

01/03/2022 13:15

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RNS Number : 2220D  Turkiye Is Bankasi  01 March 2022

Credit Rating

International credit rating agency Fitch Ratings revised the ratings of 22
Turkish banks including Isbank, subsequent to the downgrade of Turkey's
sovereign rating on 11 February 2022.

The agency revised Isbank's Long-Term Foreign Currency Issuer Default Rating
to B from B+. The outlook of the rating was determined as Negative. The agency
also placed Isbank's B+ Long-Term Local Currency Issuer Default Rating on
Rating Watch Negative.

 

 

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