REG - Turkiye Is Bankasi - Credit Rating

Turkiye Is Bankasi ASAnnouncement

18/03/2024 09:15

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RNS Number : 2222H  Turkiye Is Bankasi  18 March 2024

Credit Rating

International credit rating agency Fitch Ratings revised the rating assigned
to Isbank's Long Term Foreign Currency Credit Rating and Long-Term Senior
Unsecured Notes to "B" from "B-" and outlook of Long Term Foreign Currency
Credit Rating to "Positive" from "Stable", subsequent to the changes of
Turkish Sovereign Rating and its outlook on 8 March 2024. Fitch affirmed
Short-Term Foreign Currency Rating, Short-Term Local Currency Rating and
Short-Term Senior Unsecured Notes Rating, while Long-Term Local Currency
Rating, Viability Rating and Subordinated Debt Rating have been placed on
Rating Watch Positive (RWP)

Long-Term Foreign Currency Issuer Default Rating / Outlook: B / Positive

Long-Term Local Currency Issuer Default Rating / Outlook: B / Rating Watch
Positive (RWP)

Short-Term Foreign Currency Issuer Default Rating: B

Short-Term Local Currency Issuer Default Rating: B

National Long Term Rating / Outlook: A+(tur) / Stable

Viability Rating: b / Rating Watch Positive (RWP)

Long-Term Senior Unsecured Notes: B

Short-Term Senior Unsecured Notes: B

Subordinated Debt: CCC+ / Rating Watch Positive (RWP)

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