CI - Capital Intelligence (Cyprus) Limited

01/20/2021 | Press release | Distributed by Public on 01/20/2021 09:09

Kuveyt Turk Katilim Bankasi - Ratings Affirmed with a Stable Outlook

20 January 2021 | Country: Turkey | Bank: Kuveyt Turk Katilim Bankasi A.S.

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 Kuveyt Turk Katilim Bankasi A.S. (KTKB) at 'B+' and 'B', respectively. At the same time, CI Ratings has affirmed KTKB's Bank Standalone Rating (BSR) of 'b' and Core Financial Strength (CFS) rating of 'bb-'. The Outlook for the LT FCR and BSR remains Stable.

Attachments

  • Rating Announcement (CRA)
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