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International credit rating agency Fitch Ratings revised the rating notes of Vakıf Katılım Bankası A.Ş. on June 4, 2020, as: Fitch Ratings has increased our Viability Rating from "b-" to "b", it's revised both our Support Floor rating and Long Term Foreign Currency rating from "B +" to "B" and revised the Outlook on the LTFC IDR of Vakif Katilim from Stable to Negative. In this context; current credit ratings of Vakıf Katılım Bankası A.Ş are as follows: Long Term Foreign Currency (FC) rating note "B", Outlook (Negative), Long Term Local Currency (LC) rating note "BB-", Outlook (Stable), Short Term Foreign Currency (FC) rating note "B", Short Term Local Currency (LC) rating note "B", Viability Rating note "b", Support rating note "4" Support Floor rating note "B", Long Term National Rating note "AA" (tur), Outlook (Stable). Respectfully yours, |
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.