26th Aug 2016 09:26
RNS Number : 2453I
Turkiye Is Bankasi
26 August 2016
Fitch's Rating Action
On 25 August 2016, Fitch Ratings changed the outlook on İşbank's "BBB-" long-term local and foreign currency Issuer Default Rating to "Negative" from "Stable". Fitch Ratings affirmed İşbank's other ratings and the outlooks related to these ratings.
According to the disclosure made by the agency, the aforementioned changes were made following the revision of the outlook on Turkey's sovereign IDRs to "Negative" on 19.08.2016.
This information is provided by RNS
The company news service from the London Stock Exchange
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