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Termination of the Credit Rating Service from S&P

24th May 2022 15:44

RNS Number : 6520M
Turkiye Is Bankasi
24 May 2022
 

Termination of the Credit Rating Service from S&P

The credit rating agreement signed between the international credit rating agency S&P Global Ratings and our Bank (Isbank) has been cancelled in mutual agreement, and the rating service has been terminated. The latest credit ratings of our bank, announced by the agency on 16 February 2022, are as follows:

Long Term Foreign Currency Issuer Credit Rating: B/Negative

Short Term Foreign Currency Issuer Credit Rating: B

Long Term Local Currency Issuer Credit Rating: B/Negative

Short Term Local Currency Issuer Credit Rating: B

Long Term National Scale Rating: trA-

Short Term National Scale Rating: trA-2

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