Announcement Regarding Fitch Credit Ratings

On 1 October 2018, Fitch Ratings has revised down some of the ratings on Turkiye Garanti Bankasi A.S..

Bank's current ratings are as follows.

Former Current
Long Term FC IDR BB/ Negative Outlook BB-/ Negative Outlook
Short Term FC IDR B B
Long Term TL IDR BB+/ Negative Outlook BB/ Negative Outlook
Short Term TL IDR B B
Viability Rating bb- b+
Support 3 3
National Long-term Rating AAA(tur) AA(tur)
National Long-term Rating Outlook Stable Stable
Long Term Senior Unsecured Notes BB BB-
Short Term Senior Unsecured Notes B B
Subordinated Notes BB- B+

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Disclaimer

Turkiye Garanti Bankasi AS published this content on 02 October 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 02 October 2018 07:06:04 UTC