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Ratings

FITCH RATINGS* (February 26, 2021)
Foreign Currency Issuer Default Rating
B+/Negative/B
Local Currency Issuer Default Rating
B+/Stable/B
National Long Term Rating
A+(tur)/Stable
Viability Rating
b+
Support Rating
5
Support Rating Floor
B-
Senior Unsecured Notes
B+/B
Subordinated Debt Notes
B-
*Long-Term/Outlook (if exists)/Short-term

S&P GLOBAL RATINGS* (February 16, 2021)
Foreign Currency Issuer Credit Rating
B+/Stable/B
Local Currency Issuer Credit Rating
B+/Stable/B
Turkish National Scale trA+/trA-1
*Long-term/Outlook (if exists)/Short-term

MOODY'S* (December 10, 2020)
Bank Deposit Foreign Currency
B3/Negative/Not-Prime
Bank Deposit Local Currency B3/Negative/Not-Prime
Senior Unsecured Debt Rating B3/Negative
Subordinated Debt Rating Caa2/Caa3(hyb)
*Long-term/Outlook (if exists)/Short-term



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