Akbank Ratings Affirmed with a Stable Outlook

6 May 2026

Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of Akbank (or the Bank) at ‘BB-’ and ‘B’, respectively. At the same time, CI Ratings has affirmed Akbank’s Bank Standalone Rating (BSR) of ‘bb-’, Core Financial Strength (CFS) rating of ‘bb+’ and Extraordinary Support Level (ESL) of Uncertain. The Outlook on the LT FCR and BSR remains Stable.

The affirmation of the ratings is supported by Akbank’s resilient business model and strong franchise, which continues to generate good operating and net profitability together with solid capital ratios, satisfactory funding mix and liquidity position, as well as the Bank’s supportive majority shareholder (Sabanci Holding). Constraining factors include the downside risks to asset quality (which is a sector-wide trend) due to the challenging operating environment, and…