Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Turkiye Garanti Bankasi A.S.: Announcement regarding JCR Euriasia Rating Credit Ratings


Turkiye Garanti Bankasi A.S. (TGBD)
Turkiye Garanti Bankasi A.S.: Announcement regarding JCR Euriasia Rating Credit Ratings

26-Aug-2020 / 10:57 GMT/BST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.


TO: Investment Community

FROM : Garanti BBVA / Investor Relations

SUBJECT: Announcement regarding JCR Euriasia Rating Credit Ratings

 

DATE: August 26, 2020

 

 

JCR Eurasia Rating has affirmed the rating of 'AAA (Trk)' along with a 'Stable' outlook for Türkiye Garanti Bankası A.Ş. on the Long Term National Scale, which denotes the investment grade with the highest credit rating note assigned by the agency on its report dated August 26, 2020. On the other hand, the Long Term International Foreign and Local Currency ratings were assigned at 'BBB-' and 'BBB', respectively within the investment grade category as well.

Bank's current ratings are as follows:

 JCR Eurasia Rating (August 26, 2020)

Long Term International FC

BBB- (Negative)

Long Term International TL

BBB (Negative)

Long Term National

AAA (Trk) (Stable)

Short Term International FC

A-3 (Negative)

Short Term International TL

A-3 (Negative)

Short Term National

A-1 +(Trk) (Stable)

Sponsor Support

1

Stand Alone

A

 

In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.

 

We declare that our above statements are in conformity with the principles included in the Board's Communiqué, Serial II Nr.15.1, that it exactly reflects the information we received; that the information complies with our records, books and documents; that we did our best to obtain the correct and complete information relative to this subject and that we are responsible for the declarations made in this regard.

 

Yours sincerely,

 

Garanti BBVA

Contact Garanti BBVA Investor Relations:

Tel: +90 212 318 2352
Fax: +90 212 216 5902
E-mail: [email protected]
www.garantibbvainvestorrelations.com

 



ISIN: US9001487019
Category Code: MSCL
TIDM: TGBD
OAM Categories: 3.1. Additional regulated information required to be disclosed under the laws of a Member State
Sequence No.: 82933
EQS News ID: 1123537

 
End of Announcement EQS News Service

fncls.ssp?fn=show_t_gif&application_id=1123537&application_name=news&site_id=sharewise

Turkiye Garanti Bankasi AS ADR Stock

€3.28
-2.380%
We can see a decrease in the price for Turkiye Garanti Bankasi AS ADR. Compared to yesterday it has lost -€0.080 (-2.380%).

Like: 0
Share
EQS Group is a leading international provider of regulatory technology in the fields of corporate compliance and investor relations. In working with EQS Group, thousands of companies worldwide inspire trust by fulfilling complex national and international disclosure obligations, minimizing risks and communicating transparently with stakeholders.




Legal notice

Comments