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Outlooks On Various Turkish Financial Institutions Revised To Stable From Negative Following Sovereign Outlook Revision Sep 09 Product Image

Outlooks On Various Turkish Financial Institutions Revised To Stable From Negative Following Sovereign Outlook Revision Sep 09

  • Published: September 2009
  • Region: Turkey
  • Standard & Poors

Abstract
The outlook on the Republic of Turkey was revised to stable from negative on Sept. 17, 2009, reflecting the easing in external financing risks and the publication of the government's medium-term fiscal plan. We are revising the outlooks on seven Turkish financial institutions and one operating holding company to stable from negative. The outlook revision reflects that on the sovereign. LONDON (Standard & Poor's) Sept. 23, 2009--Standard & Poor's Ratings Services said today that it revised its outlooks on seven Turkish financial institutions and one operating holding company. The outlooks on the following entities were revised to stable from negative: Albaraka Turk Katilim Bankasi AS (Albaraka Turk), Dogus Holding A.S., Garanti Finansal Kiralama A.S. (Garanti Leasing), HSBC Bank A.S., T-rkiye...

Companies mentioned in this report are: Turkiye Is Bankasi AS,Turkiye Garanti Bankasi AS,Turkiye Vakiflar Bankasi TAO,Dogus Holding A.S.,Yapi ve Kredi Bankasi A.S.,Garanti Finansal Kiralama A.S.,HSBC Bank A.S.,Albaraka Turk Katilim Bankasi AS
Action: Affirmed
Action: Outlook: Stable
Action: Upgraded

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Turkiye Is Bankasi AS,Turkiye Garanti Bankasi AS,Turkiye Vakiflar Bankasi TAO,Dogus Holding A.S.,Yapi ve Kredi Bankasi A.S.,Garanti Finansal Kiralama A.S.,HSBC Bank A.S.,Albaraka Turk Katilim Bankasi AS

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