[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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Credit Rating
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Evet (Yes)
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Following the revision of the Outlook on Turkey's Long-Term IDRs to "Negative" from "Stable" on 02 December 2021, International Rating Agency Fitch Ratings has also revised the Outlooks of Turkish Bank's ratings on 10 December 2021. In this context, Fitch Ratings has revised the Outlooks of DenizBank's long-term foreign currency IDR at "B+" and long term local currency IDR at "BB-" to "Stable" from "Negative" and affirmed National Long-Term rating to "AA(tur)" with a "Stable" outlook. Fitch Ratings has also assigned a new rating of Shareholder Support Rating at "b+", following the withdrawal of the Support Rating at "4".