Related Companies
|
[]
|
||||||||
Related Funds
|
[]
|
||||||||
English
|
|||||||||
|
|||||||||
oda_CreditRatingAbstract|
|
|
||||||||
oda_UpdateAnnouncementFlag|
|
|
Hayır (No)
|
|||||||
oda_CorrectionAnnouncementFlag|
|
|
Hayır (No)
|
|||||||
oda_DateOfThePreviousNotificationAboutTheSameSubject|
|
|
-
|
|||||||
oda_DelayedAnnouncementFlag|
|
|
Hayır (No)
|
|||||||
oda_AnnouncementContentSection|
|
|
||||||||
oda_ExplanationSection|
|
|
||||||||
oda_ExplanationTextBlock|
|
Standard & Poor's (S&P) revised down the sovereign ratings on the Republic of Turkey from "BB" to "BB-" while revising up the outlook from "Negative" to "Stable" on its report dated May 1, 2018. Accordingly, S&P revised down Türkiye Garanti Bankası A.Ş (Bank)'s Long Term Foreign Currency and Long Term Local Currency ratings from "BB" to "BB-" and Stand-alone Credit Profile (SACP) rating from "bb+" to "bb". Moreover, S&P revised the Bank's rating outlook from "Negative" to "Stable", in line with the sovereign outlook. *In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail |
We proclaim that our above disclosure is in conformity with the principles set down in “Material Events Communiqué” of Capital Markets Board, and it fully reflects all information coming to our knowledge on the subject matter thereof, and it is in conformity with our books, records and documents, and all reasonable efforts have been shown by our Company in order to obtain all information fully and accurately about the subject matter thereof, and we’re personally liable for the disclosures.