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International rating agency Moody's upgraded the long-term foreign currency deposit rating of HSBC Bank A.Ş to B2 from B3, long-term local currency deposit rating to B1 from B3 and standalone Baseline Credit Assessment (BCA) to caa1 from caa2. The outlook on the long-term deposit ratings remains negative. Bank's current ratings is attached. |
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.