Turkiye Vakiflar Bankasi - Ratings Affirmed with a Stable Outlook

Overview

Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of Turkiye Vakiflar Bankasi T.A.S. (Vakif or the Bank) at 'BB-' and 'B', respectively. At the same time, CI Ratings has affirmed Vakif's Bank Standalone Rating (BSR) of 'b+', Core Financial Strength (CFS) rating of 'bb‑' and Extraordinary Support Level (ESL) of Moderate. The Outlook on the LT FCR and BSR remains Stable.

Attachments

• CI Ratings Announcement (CRA)
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• Bank Rating Report (Turkey, Turkiye Vakiflar Bankasi)
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