TÜRK EKONOMİ BANKASI A.Ş.

Credit Ratings (as of Jun 2020)

Fitch
B+ (highly speculative)
Moody's
Ba3 (non-investment grade speculative)

Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government. TÜRK EKONOMİ BANKASI A.Ş. is rated by Fitch and Moody's.

Credit ratings assigned to TÜRK EKONOMİ BANKASI 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 TÜRK EKONOMİ BANKASI 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 TÜRK EKONOMİ BANKASI 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  4
Support Rating Floor  -

Viability rating for TÜRK EKONOMİ BANKASI A.Ş. is set to b+ (highly speculative fundamental credit quality); support rating is 4 (limited probability of support); support rating floor is not set.

Moody's

Long-term rating for TÜRK EKONOMİ BANKASI A.Ş. it is set to Ba3 (non-investment grade 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  Ba3
Long-Term Bank Deposit Rating  B3
Baseline Credit Assessment  b3
Short-Term Rating  NP
Outlook  negative

Outlook for the ratings of TÜRK EKONOMİ BANKASI A.Ş. is set to negative (may be lowered).

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