Announcement regarding Fitch Credit Ratings
Announcement regarding Fitch Credit Ratings
Fitch Ratings affirmed Turkiye Garanti Bankasi A.S.'s Long-term and Short-term LC IDRs, as ‘BBB-’ and ‘F3’, respectively. Additionally, Fitch has affirmed National Long Term Rating as ‘AAA(tur)’.
Fitch Ratings has placed the following ratings on “Rating Watch Negative”:
- Long-term FC IDR : 'BBB-';
- Short-term FC IDR: 'F3'
- Viability Rating 'bb+'
- Support Rating: '2'
- Senior unsecured notes 'BBB-'/'F3'
- Subordinated notes 'BB+'