Turk Ekonomi Bankasi - Ratings Affirmed

Overview

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 Turk Ekonomi Bankasi (TEB) at 'B' and 'B', respectively. At the same time, CI Ratings has affirmed TEB's Bank Standalone Rating (BSR) of 'b', Core Financial Strength (CFS) rating of 'bb-' and Extraordinary Support Level (ESL) of Moderate. The Outlook for the LT FCR is maintained at Positive while the Outlook for the BSR affirmed at Stable.

Attachments

• Rating Announcement (CRA)
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• Bank Rating Report (Turkey, Turk Ekonomi Bankasi A.S.)
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