News & Credit Rating Announcements
15 November 2024 | Country: Turkey
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Turkiye – Ratings Upgraded; Outlook Revised to Stable
Overview
Capital Intelligence Ratings (CI Ratings or CI) today announced that it has upgraded Turkiye's Long-Term Foreign Currency Rating (LT FCR) and LT Local Currency Rating (LT LCR) to 'BB-' from 'B'. At the same time, CI Ratings has affirmed the Short-Term (ST) FCR and ST LCR at 'B'. The Outlook on the ratings is revised to Stable from Positive.
Attachments
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Rating Announcement (CRA)
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Sovereign Rating Report (Turkey)
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