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On 10 December 2020 following the change in its foreign currency country ceiling methodology, international rating agency Moody's upgraded HSBC Bank's Long Term Foreign Currency Bank Deposit Rating to "B3" from "Caa1" maintaining the "Negative" Outlook. All other ratings maintained at the recent levels. 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.