TÜRKİYE İŞ BANKASI A.Ş.

Isbank was founded in 1924. Isbank offers products and services in retail, SME and corporate banking as well as private banking.

Bank Category

Private Commercial Banks

Services

Retail Banking
SME Banking
Corporate Banking
Private Banking

TÜRKİYE İŞ BANKASI A.Ş. is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is BB+ (speculative). Long-term credit rating assigned to the bank by Moody's is Ba3 (non-investment grade speculative).

TÜRKİYE İŞ BANKASI A.Ş. participates in deposit guarantee scheme of Turkey. This scheme covers accounts up to 100 000 TRL per bank per depositor.

Contacts

İŞ KULELERİ 34330 LEVENT/İSTANBUL, Turkey
(212) 316 00 00
(212) 316 04 04

Business Summary

Services
retail banking
SME banking
corporate banking
private banking

TÜRKİYE İŞ BANKASI A.Ş. provides products and services in the areas of retail banking, SME banking, corporate banking, private banking.

Credit Ratings (as of May 2018)

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

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

Credit ratings assigned to TÜRKİYE İŞ BANKASI A.Ş. as of May 2018 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 TÜRKİYE İŞ BANKASI A.Ş. it is set to BB+ (speculative), outlook is stable (not likely to change). The rating is not on watch. Short-term issuer default rating for TÜRKİYE İŞ BANKASI A.Ş. is set to B (speculative short-term credit quality).

Long-Term Issuer Default Rating  BB+
    Outlook  stable
    On Watch  No
Short-Term Issuer Default Rating  B
Viability Rating  bb+
Support Rating  4
Support Rating Floor  B+

Viability rating for TÜRKİYE İŞ BANKASI A.Ş. is set to bb+ (speculative fundamental credit quality); support rating is 4 (limited probability of support); support rating floor is B+ (highly speculative).

Moody's

Long-term rating for TÜRKİYE İŞ BANKASI A.Ş. it is set to Ba3 (non-investment grade speculative). Long-term bank deposit rating is Ba3 (non-investment grade speculative). Baseline credit assessment is ba3. Short-term rating is not assigned.

Long-Term Rating  Ba3
Long-Term Bank Deposit Rating  Ba3
Baseline Credit Assessment  ba3
Short-Term Rating  -
Outlook  negative

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

Deposit Guarantee

Deposit Guarantee
Yes (up to 100 000 TRL per depositor)

Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.

All credit institutions operating in Turkey are obliged to participate in Turkish deposit guarantee scheme.

In the case of TÜRKİYE İŞ BANKASI A.Ş. failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Eligible Depositors  natural persons
Covered Accounts  all cash deposit accounts, precious metals accounts
Maximum Protected Amount  100 000 TRL
Paid In Currency  TRL

Further Information

European Presence: 5 banks in 5 countries

TÜRKİYE İŞ BANKASI A.Ş. operates under the brand name Turkiye Is Bankasi. This banking brand has presence in the following European countries and selected dependent territories of the European countries:

France

Germany

Netherlands

Turkey

  •  (this bank) TÜRKİYE İŞ BANKASI A.Ş. 

United Kingdom

Defunct Banks: 2 banks in 2 countries

The following banks operating under Turkiye Is Bankasi brand name has been recently closed down:

Bulgaria

Switzerland