6th Aug 2008 13:07
RNS Number : 7768A
Turkiye Is Bankasi
06 August 2008
31.07.2008 Fitch Ratings Affirms Isbank's Ratings
Fitch Ratings has affirmed Isbank's Long-term Local Curency IDR (Issuer Default Rating) at investment grade 'BBB-', Long-term Foreign Currency IDR at 'BB', Short-term Local Currency IDR at 'F3', Short-term Foreign Currency IDR at 'B', National Long-term rating at 'AAA(tur)', Individual rating at 'C', Support at '4' and also Support Rating Floor at 'B+'. The Outlook for the long-term ratings remains Stable. The rating agency stated that Isbank's improving profitability, sound asset quality and diversified and healthy loan portfolio have been effective in preserving its rating notes.
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