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FITCH RATINGS
Long-term Foreign Currency IDR*	BB
Long-term Local Currency IDR	BBB-
Outlook	Stable
Short-term Foreign Currency IDR	B
Short-term Local Currency IDR	F3
National Long-term Rating	AAA(tur)
National Long-term Rating Outlook	Stable
Individual Rating	C
Support Rating	4
Support Rating Floor	B+

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	18.10.2006| Fitch Report
	07.09.2005| Fitch Report
	7 September 2005 | Fitch Upgrades Turkey's Isbank
	14 January 2005 | Fitch Upgrades Turkish Banks; Revises Rating Outlooks
	27 August 2004 | Fitch Revises Outlook for Long-Term Ratings of Turkish Banks

STANDARD AND POOR’S
Global Scale Ratings
Short-term Credit	B
Long-term Credit	BB-
Certificate of Deposits LT	BB-
Certificate of Deposits ST	B
Outlook	Negative
National Scale Ratings
Long-term National	trA+
Short-term National	trA-1

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	30.06.2005 | Credit Report
	5 May 2004 | Research- Turkiye Is Bankasi A.S.
	19 August 2004 | Long-term Credit Ratings of Some Turkish Banks Are Raised

MOODY’S
Long-term FC Deposit Rating	B1
Short-term FC Deposits	Not Prime
FC Deposit Outlook	Stable
LC Deposits	A3/Prime-2
LC Deposit Outlook	Stable
Bank Financial Strength	D+
Bank Financial Strength Outlook	Stable

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	20 December 2005 | Moody's Upgrades Turkish Banks' Long-Term Foreign Currency Deposit Ratings
	14 February 2005 | Moody's Changes the Outlook on Isbank's Foreign Currency Deposit Rating
	30 September 2004 | Moody's Upgrades Turkish Banks' Foreign Currency Deposit Ratings