Turk Eximbank’s Ratings Affirmed

11 February 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 Turkiye Ihracat Kredi Bankasi A.S. (Turk Eximbank or the Bank) at ‘BB-’ and ‘B’, respectively. At the same time, CI Ratings has affirmed Turk Eximbank’s Bank Standalone Rating (BSR) of ‘bb-’, Core Financial Strength (CFS) rating of ‘bb-’ and Extraordinary Support Level (ESL) of Moderate. The Outlook for the LT FCR and BSR remains Stable.

The Bank is Türkiye’s official export credit agency and as such, is the leader in export financing and export credit insurance. While we consider the government, as sole owner of Turk Eximbank – through the Ministry of Treasury and Finance (MoTF) – to be willing to assist the Bank in the event of financial distress, its capacity to provide sufficient and timely extraordinary financial support is constrained by the credit…