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Following lowering of Turkey's foreign currency deposit ceiling from "B1" to "B2" on 24 September 2018, Moody's downgraded long-term foreign currency deposit ratings of 9 Turkish banks, including Akbank. Accordingly, Moody's downgraded Akbank's long-term foreign currency deposit ratings from "B1" to "B2" and other ratings remained unchanged. In case of 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.