Türkiye Garanti Bankasi’s Ratings Affirmed; Outlook on FSR Revised to ‘Negative’

Overview

Capital Intelligence Ratings (CI Ratings or CI), the international credit rating agency, today announced that it has affirmed Türkiye Garanti Bankasi's (Garanti) Financial Strength Rating (FSR) at 'BBB+' and revised the Outlook to 'Negative' from 'Stable'. The Long- and Short-Term Foreign Currency Ratings (FCRs) are affirmed at 'BB+' and 'B', respectively, both constrained by the sovereign rating.

Attachments

• View Credit Rating Announcement (CRA)
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• Bank Rating Report (Turkey, Turkiye Garanti Bankasi A.S.)
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