International credit rating agency Moody`s upgraded İşbank`s Long Term Foreign Currency and Local Currency Deposit Ratings and Senior Unsecured Debt Rating from |||B1||| to |||Ba3|||, by one notch. The outlooks assigned to these rating are defined as |||Stable|||.
İşbank`s current credit ratings are provided below :
Long Term Bank Deposit Foreign Currency: Ba3/Stable
Short Term Bank Deposit Foreign Currency: Not-Prime
Long Term Bank Deposit Local Currency: Ba3/Stable
Short Term Bank Deposit Local Currency: Not-Prime
Senior Unsecured Debt Rating (MTN) (Foreign): Ba3
Baseline Credit Assessment: b1
Subordinated Debt Rating: B3 (hyb)
This is the translation of the Turkish public disclosure made by Türkiye İş Bankası A.Ş. through the Public Disclosure Platform, under the Material Events Guideline prepared in accordance with the Communique of Material Events, numbered II-15.1. According to the Material Events Guideline and the regulations, the Turkish public disclosure shall prevail.
