AKBANK T.A.Ş.

Credit Ratings (as of Jun 2020)

Fitch
B+ (highly speculative)
Moody's
B1 (highly speculative)

Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government. AKBANK T.A.Ş. is rated by Fitch and Moody's.

Credit ratings assigned to AKBANK T.A.Ş. as of June 2020 are shown in details in the following sections.

Fitch

Long-term issuer default rating is Fitch's view of a credit institution's relative vulnerability to default on its financial obligations, for AKBANK T.A.Ş. it is set to B+ (highly speculative), outlook is negative (may be lowered). The rating is not on watch. Short-term issuer default rating for AKBANK T.A.Ş. is set to B (speculative short-term credit quality).

Long-Term Issuer Default Rating  B+
    Outlook  negative
    On Watch  No
Short-Term Issuer Default Rating  B
Viability Rating  b+
Support Rating  5
Support Rating Floor  B-

Viability rating for AKBANK T.A.Ş. is set to b+ (highly speculative fundamental credit quality); support rating is 5 (there is a possibility of external support, but it cannot be relied upon); support rating floor is B- (highly speculative).

Moody's

Long-term rating for AKBANK T.A.Ş. it is set to B1 (highly speculative). Long-term bank deposit rating is B3 (highly speculative). Baseline credit assessment is b3. Short-term rating is set to NP (not prime).

Long-Term Rating  B1
Long-Term Bank Deposit Rating  B3
Baseline Credit Assessment  b3
Short-Term Rating  NP
Outlook  negative

Outlook for the ratings of AKBANK T.A.Ş. is set to negative (may be lowered).

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