Yapi Ve Kredi Bankasi’s Ratings Affirmed
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Ref: TR 0 412 1 CRA00- 0 1 10 May 202 2
Yapi Ve Kredi Bankasi’s Ratings Affirmed
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 Yapi ve Kredi Bankasi (YKB) at ‘B’ and ‘B’, respectively. At the same time, CI Ratings has affirmed YKB’s Bank Standalone Rating (BSR) of ‘b’, Core Financial Strength (CFS) rating of ‘bb’ , and Extraordinary Support Level (ESL) of Uncertain . The Outlook for the LT FCR and BSR remains Negative.
YKB’s BSR is derived from a CFS rating of ‘bb’, reflecting the Bank’s moderate intrinsic financial, operational, and business strength, and an Operating Environment Risk Anchor (OPERA) of ‘b-’ indicating significant risk. The latter is a fundamental constraining factor for the ra tings of all Turkish…