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Turkiye Is Bankasi (Isbank) and S&P Global Ratings mutually agreed to cancel their credit rating agreement, terminating the rating service as announced on 24 May 2022. The latest credit ratings for Isbank, issued by S&P on 16 February 2022, included a Long Term Foreign Currency Issuer Credit Rating of B/Negative and a Short Term Foreign Currency Issuer Credit Rating of B.
| Date | 24 May 2022 |
| Time | 15:44:13 |
| Category | Miscellaneous |
| ID | 6520M |
Termination of the Credit Rating Service from S&P
The credit rating agreement signed between the international credit rating agency S&P Global Ratings and our Bank (Isbank) has been cancelled in mutual agreement, and the rating service has been terminated. The latest credit ratings of our bank, announced by the agency on 16 February 2022, are as follows:
Long Term Foreign Currency Issuer Credit Rating: B/Negative
Short Term Foreign Currency Issuer Credit Rating: B
Long Term Local Currency Issuer Credit Rating: B/Negative
Short Term Local Currency Issuer Credit Rating: B
Long Term National Scale Rating: trA-
Short Term National Scale Rating: trA-2