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Evet (Yes)
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Hayır (No)
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08/06/2018
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Hayır (No)
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Reference: Public disclosures on 03/12/2018 and 08/06/2018. The international rating agency Moody's downgraded Turkey's debt rating from "Ba2" to "Ba3" and revised the Outlook to "Negative" on 08/17/2018. Following the downgrade of Turkey's sovereign rating, Moody's revised the long-term debt and deposit ratings of 20 Turkish financial institutions on 08/28/2018. Accordingly, Our Bank's Long-Term Foreign Currency Senior Unsecured Debt, Long-Term Local Currency and Foreign Currency Deposit ratings were downgraded to "B2" from "B1" and the Outlook was changed to "Negative". The Baseline Credit Assessment (BCA) was downgraded to "Caa1" from "B3". In case of any 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.