CI - Capital Intelligence (Cyprus) Limited

06/23/2021 | Press release | Distributed by Public on 06/23/2021 02:18

Turkiye Garanti Bankasi - Ratings Affirmed

23 June 2021 | Country: Turkey | Bank: Garanti BBVA

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 Türkiye Garanti Bankasi (Garanti) at 'B+' and 'B', respectively. At the same time, CI Ratings has affirmed Garanti's Bank Standalone Rating (BSR) and Core Financial Strength (CFS) rating of 'b+' and 'bb+', respectively, and Extraordinary Support Level (ESL) of Moderate. The Outlook for all ratings remains Stable.

Attachments

  • Rating Announcement (CRA)
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