Ratings

Moody’s (June 18, 2019)
BCA (Baseline Credit Assessment) caa2
Long term FC Deposit B3
Outlook on FC DR Negative
Short Term FC Deposit NP
Long term LC Deposit B2
Outlook on LC DR Negative
Short term LC Deposit NP
Senior Unsecured Regular Bond/Debenture B2
Senior Unsecured Medium-Term Note Program (P) B2
Fitch Ratings (June 20, 2019)
National Long Term Rating AA (tur) (Stable)
Long Term FC IDR B+ (Negative)
Long Term LC IDR BB (Negative)
Short Term FC B
Short Term LC B
Support Rating 4
Support Rating Floor B+
Viability Rating b+
Standard & Poor’s (October 17, 2018)
FC Counterparty Credit Ratings B+ / (Negative) / B
LC Counterparty Credit Ratings B+ / (Negative) / B
Turkey National Scale trA+/--/trA-1
JCR Eurasia Credit Ratings (March 29, 2019)
Long Term International Foreign Currency BBB- (Negative)
Short Term International Foreign Currency A-3 (Negative)
Long Term International Local Currency BBB-
Short Term International Local Currency A-3
Long Term Local Rating AAA (Stable)
Short Term Local Rating A-1 + (Stable)
Long Term Sponsor Support 1
Long Term Stand-Alone A