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Turkiye Garanti Bankasi A.S.: Announcement regarding Fitch Credit Ratings

| Quelle: Dow Jones Newsw... | Lesedauer etwa 2 min. | Text vorlesen Stop Pause Fortsetzen


Turkiye Garanti Bankasi A.S. (TGBD)
Turkiye Garanti Bankasi A.S.: Announcement regarding Fitch Credit Ratings

12-Nov-2019 / 15:10 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 Fitch Credit Ratings

DATE: November 12, 2019

Following the update of the outlook on Turkey's Long Term FC IDR to "Stable"
from "Negative" on 1 November 2019; Fitch Ratings has revised the outlook on
Garanti's Long Term FC IDR to "Stable" on 12 November 2019.

Bank's current ratings are as follows.

Former Current
Long Term FC IDR B+/ Negative B+/ Stable Outlook
Outlook
Short Term FC IDR B B
Long Term TL IDR BB-/ Negative BB-/ Negative
Outlook Outlook
Short Term TL IDR B B
Viability Rating b+ b+
Support 4 4
National Long-term AA(tur) AA(tur)
Rating
National Long-term Stable Stable
Rating Outlook
Long Term Senior B+ B+
Unsecured Notes
Short Term Senior B B
Unsecured Notes
Subordinated Notes B B

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: investorrelations@garantibbva.com.tr
............................................

www.garantibbvainvestorrelations.com [1]
........................................

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.: 28631
EQS News ID: 910835

End of Announcement EQS News Service


1: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=19979b7bae6aeeb49d76141fbe11774c&application_id=910835&site_id=vwd&application_name=news


(END) Dow Jones Newswires

November 12, 2019 10:10 ET ( 15:10 GMT)
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