Isbank's ratings upgraded

17th Dec 2007 12:49

Turkiye Is Bankasi17 December 2007 14.12.2007 Fitch Ratings Upgrades Isbank Fitch Ratings has upgraded Isbank's Long-term Local Currency IDR (Issuer DefaultRating) to an investment grade, 'BBB-', from 'BB+', Short-term Local CurrencyIDR to 'F3' from 'B', National Long-term rating to 'AAA(tur)' from 'AA+(tur)'.Fitch Ratings has also affirmed Isbank's Long-term Foreign Currency IDR at 'BB', Short-term Foreign Currency IDR at 'B', Individual rating at 'C', Supportrating at '4' and Support Rating Floor at 'B+'. The Outlook for the long-termratings remains Stable. This information is provided by RNS The company news service from the London Stock Exchange

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