Credit Rating

Turkiye Is Bankasi

14 June 2024

 

Credit Rating

International credit rating agency Fitch Ratings revised the rating assigned to Isbank's Long-Term Local Currency Issuer Default Rating to "B+" from "B", National Long Term Rating to "AA-(tur)" from "A+(tur)", Viability Rating to "b+" from "b" and Subordinated Debt Rating to "B-" from "CCC+" on 13 June 2024. Fitch affirmed Long-Term Foreign Currency Issuer Default Rating, Short-Term Foreign Currency Issuer Default Rating and Short-Term Local Currency Issuer Default Rating. The outlooks assigned to Isbank's Long Term Foreign Currency and Long-Term Local Currency Ratings are placed on "Positive".

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

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

Short-Term Foreign Currency Issuer Default Rating: B

Short-Term Local Currency Issuer Default Rating: B

National Long Term Rating / Outlook: AA-(tur) / Stable

Viability Rating: b+

Long-Term Senior Unsecured Notes: B

Short-Term Senior Unsecured Notes: B

Subordinated Debt: B-

 

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