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On 25 September 2023, Fitch Ratings revised the outlook on Turkiye Is Bankasi's (Isbank) Long Term Foreign Currency, Long Term Local Currency, and Long Term National Credit Ratings to Stable from Negative. The agency affirmed these ratings, including a B- for the Long-Term Foreign Currency Issuer Default Rating and A+(tur) for the National Long Term Rating. This revision followed Fitch's change of outlook on the Turkish Sovereign Rating to Stable from Negative on 8 September 2023.
| Date | 25 Sept 2023 |
| Time | 10:15:22 |
| Category | Miscellaneous |
| ID | 5255N |
Credit Rating
International credit rating agency Fitch Ratings revised the outlook assigned to Isbank's Long Term Foreign Currency, Long Term Local Currency and Long Term National Credit Ratings to Stable from Negative and affirmed the ratings, subsequent to the change of outlook on Turkish Sovereign Rating to Stable from Negative on 8 September 2023.
Long-Term Foreign Currency Issuer Default Rating / Outlook: B- / Stable
Long-Term Local Currency Issuer Default Rating / Outlook: B / Stable
Short-Term Foreign Currency Issuer Default Rating: B
Short-Term Local Currency Issuer Default Rating: B
National Long Term Rating / Outlook: A+(tur) / Stable
Viability Rating: b
Long-Term Senior Unsecured Notes: B-
Short-Term Senior Unsecured Notes: B
Subordinated Debt: CCC+