Announcement regarding Moody’s ratings
Announcement regarding Moody’s ratings
International rating agency Moody’s has revised the credit ratings of 17 Turkish banks, including T.Garanti Bankası A.Ş., following the downgrade of Turkey’s sovereign rating by one notch to Ba2 on March 7, 2018. T. Garanti Bankası A.Ş.’s revised credit notes are as follows:
| Outlook |
Negative |
Stable |
| Long Term FC Deposit |
Ba2 |
Ba3 |
| Long Term TL Deposit |
Ba1 |
Ba2 |
| Short Term TL Deposit |
Not - Prime |
Not - Prime |
| Short Term FC Deposit |
Not - Prime |
Not - Prime |
| Baseline Credit Assessment - BCA |
ba2 |
ba3 |
| Adjusted BCA |
ba1 |
ba2 |
| Senior Unsecured Rating (FC) |
Ba1 |
Ba2 |
| Senior Unsecured Rating (LC) |
Ba1 |
Ba2 |
| National Scale Rating (NSR) Long Term Deposit |
Aa1.tr |
Aa1.tr |
| NSR Short Term |
TR-1 |
TR-1 |