Albaraka Turk - Ratings Affirmed; Outlook Revised to Stable

Overview

Capital Intelligence Ratings (CI Ratings or CI) today announced that it has revised the Outlook on the Long-Term Foreign Currency Rating (LT FCR) and Bank Standalone Rating (BSR) of Albaraka Türk Katılım Bankası A.Ş. (ATKB) to Stable from Negative. At the same time, the Bank's LT FCR and Short-Term Foreign Currency Rating (ST FCR) were affirmed at 'B' and 'B', respectively. The Bank's BSR of 'b' and Core Financial Strength (CFS) rating of 'b' were also affirmed.

Attachments

• Rating Announcement (CRA)
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• Bank Rating Report (Turkey, Albaraka Turk Katilim Bankasi A.S.)
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