Albaraka Turk Katilim Bankasi A.S. – Ratings Affirmed with a Stable Outlook

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 Albaraka Turk Katilim Bankasi A.S. (ATKB) at 'B-' and 'B', respectively. At the same time, CI Ratings has affirmed ATKB's Bank Standalone Rating (BSR) and Core Financial Strength (CFS) rating of 'b-' and 'b-', respectively, and the Extraordinary Support Level (ESL) of Uncertain. The Outlook for the LT FCR and BSR remains Stable.

Attachments

• tr09723cra00-01.pdf (CRA)
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• Bank Rating Report (Turkey, Albaraka Turk Katilim Bankasi A.S.)
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