Turkiye Garanti Bankasi - Ratings Affirmed

Overview

Capital Intelligence Ratings (CI Ratings or CI), the international credit rating agency, today announced that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Short-Term  Foreign Currency Rating (ST FCR) of Türkiye Garanti Bankasi A.Ş. (Garanti) at 'BB-' and 'B', respectively. At the same time CI Ratings has assigned to the Bank a Bank Standalone Rating (BSR) of 'bb-' and a Core Financial Strength (CFS) rating of 'bb+'. The Outlook for the LT FCR and BSR is Negative.

Attachments

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