2 Dec 2014 17:16
RNS Number : 6651Y
Turkiye Is Bankasi
02 December 2014
Fitch Ratings Changed Isbank's Support Rating Floor
On 1 December 2014, the international credit rating agency Fitch Ratings downgraded Isbank's Support Rating Floor to BB- from BB+; all other ratings and outlooks are unaffected by this rating action.
In the disclosure made by Fitch Ratings, it is stated that the aforementioned change reflects the rating agency's reassessment of the Turkish sovereign's ability to provide support to the banks in foreign currency.
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Turkiye Gdr Rgs (TIBD)