Announcement Regarding Fitch Credit Ratings

On 1 October 2018, Fitch Ratings has revised down some of the ratings on Turkiye Garanti Bankasi A.S..

Bank's current ratings are as follows.

  Former Current
Long Term FC IDR BB/ Negative Outlook BB-/ Negative Outlook
Short  Term FC IDR B B
Long Term TL IDR BB+/ Negative Outlook BB/ Negative Outlook
Short Term TL IDR B B
Viability Rating bb- b+
Support 3 3
National Long-term Rating AAA(tur) AA(tur)
National Long-term Rating Outlook Stable Stable
Long Term Senior Unsecured Notes BB BB-
Short Term Senior Unsecured Notes B B
Subordinated Notes BB- B+

Announcement regarding Fitch Credit Ratings


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