Turkiye Finans Katilim Bankasi – Ratings Affirmed

18 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 Finans Katilim Bankasi A.S. (TFKB or the Bank) at ‘BB-’ and ‘B’, respectively. At the same time, CI Ratings has affirmed TFKB’s Bank Standalone Rating (BSR) of ‘b+, Core Financial Strength (CFS) rating of ‘b+’ and Extraordinary Support Level (ESL) of High. The Outlook for the LT FCR and BSR is Stable.

The Bank’s BSR is derived from a CFS rating of ‘b+’ and an Operating Environment Risk Anchor (OPERA) of ‘b+’. The affirmation of the BSR and CFS is underpinned by the Bank’s stabilised non-performing financing (NPF) ratio as well as solid NPF coverage and sound funding and liquidity profile. The Bank’s majority ownership by a supportive and financially strong shareholder, Saudi National Bank (SNB), is also a supporting factor for the ratings. As…