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Outlooks On Eight Turkish Financial Entities Revised To Stable After Change On Sovereign Aug 08 Product Image

Outlooks On Eight Turkish Financial Entities Revised To Stable After Change On Sovereign Aug 08

  • Published: August 2008
  • Standard & Poors

Abstract
LONDON (Standard & Poor's) Aug. 1, 2008--Standard & Poor's Ratings Services said today that it has revised its outlook to stable from negative on eight Turkish financial entities: -- T.C. Ziraat Bankasi A.S. (Ziraat), -- T-rkiye Is Bankasi A.S. (Isbank), -- T-rkiye Garanti Bankasi A.S. (Garanti), -- Garanti Finansal Kiralama A.S. (Garanti Leasing), -- Yapi ve Kredi Bankasi A.S. (YapiKredi), -- T-rkiye Vakiflar Bankasi T.A.O. (VakifBank), -- HSBC Bank A.S., and -- Dogus Holding A.S. Standard & Poor's also affirmed its 'BB-/B' long- and short-term counterparty credit ratings on Ziraat, Isbank, Garanti Leasing, YapiKredi, VakifBank, and Dogus. The 'BB-' long-term counterparty credit rating on Garanti and the 'BB/B' long- and short-term counterparty credit ratings on HSBC Bank A.S. were affirmed...

Companies mentioned in this report are: T.C. Ziraat Bankasi A.S.,Turkiye Garanti Bankasi AS,Turkiye Is 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.
Action: Outlook: Stable

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T.C. Ziraat Bankasi A.S.,Turkiye Garanti Bankasi AS,Turkiye Is 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.

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