Capital Intelligence Ratings Ltd.

04/30/2024 | Press release | Distributed by Public on 04/30/2024 07:36

Akbank - Ratings Affirmed; Outlook Remains Stable

30 April 2024 | Country: Turkey | Bank: Akbank T.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 Akbank at 'B' and 'B', respectively. At the same time, CI Ratings has affirmed Akbank's Bank Standalone Rating (BSR) of 'b', Core Financial Strength (CFS) rating of 'bb+', and Extraordinary Support Level (ESL) of Uncertain. The Outlook for the LT FCR and BSR remains Stable.

Attachments

  • Rating Announcement (CRA)
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