Ratings of Turkish Banks Lowered Following Sovereign Action

Overview

Capital Intelligence Ratings (CI Ratings or CI) today announced that it has lowered the Long-Term Foreign Currency Ratings (LT FCRs) and affirmed the Short-Term FCRs (ST FCRs) of 14 Turkish banks. At the same time, the Bank Standalone Ratings (BSRs) of 12 banks have been lowered, while the BSRs of two banks remain the same.

Attachments

• Rating Announcement (CRA)
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