Economic Cooperation Organization Trade and Development Bank – Ratings Assigned

Overview

Capital Intelligence Ratings (CI Ratings or CI) today announced that it has assigned a first time Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) to Economic Cooperation Organization Trade and Development Bank (ETDB) of 'BB' and 'B', respectively. At the same time, CI Ratings has assigned to ETDB a Bank Standalone Rating (BSR) of 'bb', a Core Financial Strength (CFS) rating of 'bbb-', and an Extraordinary Support Level (ESL) of Moderate. The Outlook for the LT FCR and BSR is Stable.

Attachments

• Rating Announcement (CRA)
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• Bank Rating Report (Turkey, ECO Trade & Development Bank )
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