Turkiye Garanti Bankasi A.S.: Announcement regarding Fitch Ratings
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Turkiye Garanti Bankasi A.S. (TGBD)
TO: Investment CommunityFROM : Garanti BBVA / Investor RelationsSUBJECT: Announcement regarding Fitch Ratings
DATE: December 13, 2021
Fitch Credit Ratings has revised the Outlook on Turkey's long term Issuer Default Ratings(IDRs) to "Negative" from "Stable" on December 2, 2021 and affirmed the IDRs at "BB-" rating. Following this revision, Fitch Ratings has also revised the Bank's long term local currency and foreign currency IDR outlooks to "Negative" from "Stable" on December 10, 2021. Bank's current ratings are as follows.
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 5902E-mail: [email protected]www.garantibbvainvestorrelations.com
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| ISIN: | US9001487019 |
| Category Code: | MSCL |
| TIDM: | TGBD |
| LEI Code: | 5493002XSS7K7RHN1V37 |
| Sequence No.: | 129775 |
| EQS News ID: | 1257056 |
| End of Announcement | EQS News Service |
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