9 Nov 2016 15:33
Regarding S&P Rating Action
International credit rating agency S&P Global Ratings,
-changed the outlook on İşbank's Long-term Counterparty Credit Ratings to "Stable" from "Negative"
-upgraded İşbank's Long-term Turkey National Scale Rating to trAA from trAA-
-affirmed İşbank's Long-term Counterparty Credit Rating at BB, Short-term Counterparty Credit Rating at B, and Short-term Turkey National Scale Rating at trA-1.
According to the disclosure made by S&P Global Ratings, the aforementioned changes were made pursuant to the outlook change of Turkish sovereign rating on 4 November 2016.