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Public disclosure dated 14.06.2024 is being remade using the relevant template. International credit rating agency Fitch Ratings revised the rating assigned to İşbank's Long-Term Local Currency Issuer Default Rating to "B+" from "B", National Long Term Rating to "AA-(tur)" from "A+(tur)", Viability Rating to "b+" from "b" and Subordinated Debt Rating to "B-" from "CCC+" on 13 June 2024. Fitch affirmed Long-Term Foreign Currency Issuer Default Rating, Short-Term Foreign Currency Issuer Default Rating and Short-Term Local Currency Issuer Default Rating. The outlooks assigned to İşbank's Long Term Foreign Currency and Long-Term Local Currency Ratings are placed on "Positive". Long-Term Foreign Currency Issuer Default Rating / Outlook: B / Positive Long-Term Local Currency Issuer Default Rating / Outlook: B+ / Positive Short-Term Foreign Currency Issuer Default Rating: B Short-Term Local Currency Issuer Default Rating: B National Long Term Rating / Outlook: AA-(tur) / Stable Viability Rating: b+ Long-Term Senior Unsecured Notes: B Short-Term Senior Unsecured Notes: B Subordinated Debt: B- This is the translation of the Turkish public disclosure made by Türkiye İş Bankası A.Ş. through the Public Disclosure Platform, under the Material Events Guideline prepared in accordance with the Communique of Material Events, numbered II-15.1. According to the Material Events Guideline and the regulations, the Turkish public disclosure shall prevail. |
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