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The Bank’s rating note was increased
 
Home Page \ The Bank’s rating note was increased

The Bank’s rating note was increased 

 The global rating agency Fitch has changed our Bank’s rating grades as follows on the announcement of November 13, 2012:

 Our long term Foreign Currency Issuer Default Rating(IDR) was assigned as BBB-.This investment grade assignment was accepted as positive especially in terms of our Bank’s activities.

 Fitch announced the ratings of Development bank of Turkey (TKB) as of 13 November 2012  

The outcome was as follows:

Long-term FC IDR:                      upgraded to BBB- from BB+, Outlook Stable
Short-term FC IDR:                     upgraded to F3 from B
Long-term LC IDR:                       upgraded to BBB from BB+, Outlook Stable
Short-term LC IDR:                       upgraded to F3 from B
National Long-term Rating:           upgraded to AAA(tur) from AA+(tur), Outlook Stable
Support Rating:                           upgraded to 2 from 3
Support Rating Floor:                   upgraded to BBB- from BB+