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On 19 May 2020, International Rating Agency Fitch Ratings has affirmed Yapı ve Kredi Bankası's Long Term FC rating at B+ and the Negative Outlook. The Rating Agency, on the other hand, revised down the Support Rating from 4 to 5 and according to the new criteria Subordinated Debt Rating from B to B-. All other ratings and outlook have been affirmed. 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.