Isbank was founded in 1924. Isbank offers products and services in retail, SME and corporate banking as well as 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.
TÜRKİYE İŞ BANKASI A.Ş. provides products and services in the areas of retail banking, SME banking, corporate banking, private banking.
|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.
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+|
|Short-Term Issuer Default Rating||B|
|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).
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 Bank Deposit Rating||Ba3|
|Baseline Credit Assessment||ba3|
Outlook for the ratings of TÜRKİYE İŞ BANKASI A.Ş. is set to negative (may be lowered).
|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|
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:
The following banks operating under Turkiye Is Bankasi brand name has been recently closed down: