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RNS Number : 5428S 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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