MOODY’S
Analysts covering Yapı Kredi:
  • George Chrysaphinis (Cyprus)
  • Arif Bekiroğlu (Germany)
Rating Outlook
Financial Strength Rating D+ Stable
Short Term Foreign Currency Deposit NP Stable
Long Term Foreign Currency Deposit Ba3 Stable
Long Term Local Currency Deposit Baa1 Stable
Short Term Local Currency Deposit Prime-2 Stable
     
National Scale Rating Aa2.tr  


STANDARD&POOR’S
Analysts covering Yapı Kredi:
  • Magar Kouyoumdjian (London)
  • Emmanuel Volland (Paris)
  Rating   Outlook
Long term FC Counterparty Rating BB Positive
Short term Credit Rating on the International Scale B
Long term Credit Rating on the Turkish Scale trAA  
Short term Credit Rating on the Turkish Scale trA-1  


FITCH RATINGS
Analysts covering Yapı Kredi:
  • Ed Thompson (New York)
  • Gulcin Orgun (İstanbul)
  • Janine Dow (Paris)
  Rating   Outlook
Foreign Currency Issuer Default Rating    
Long Term BBB- Stable
Short Term F3  
Local Currency Issuer Default Rating    
Long Term BBB Stable
Short Term F3  
Individual Rating C/D  
Support Rating 2  
National Long Term AAA (tur) Stable



Latest rating revisions:

    • Moodys revision dated 3 August 2009
      • Financial Strength Rating outlook changed from “positive” to “stable”
    • S&P revision dated 23 September 2009
      • Long term FC Counterparty rating outlook changed from “negative” to “stable” on 23 September 2009 following the Turkish sovereign outlook change to “stable” from “negative” on 17 September 2009
    • Moodys revision dated 9 November 2009
      • Long Term Local Currency Deposit rating downgraded to “Baa1” from “A3”
      • National Scale rating downgraded to “Aa2.tr” from “Aaa.tr”
    • Fitch revision dated 11 December 2009
      • Long Term FC Issuer Default rating upgraded to “BBB-” from “BB”
      • Long Term FC Issuer Default outlook changed to “Stable” from “RWP: rating watch positive” following the Turkish sovereign outlook change to “stable” from “RWP”
      • Short Term LC Issuer Default rating upgraded to “F3” from “B”
      • Long Term LC Issuer Default rating upgraded from “BBB-” to “BBB“
      • Support Rating upgraded to “2” from “3”
    • Moodys revision dated 8 January 2010
      • Long Term FC Deposit rating upgraded to “Ba3” from “B1”
      • Long Term FC Deposit outlook changed from “positive” to “stable” following the Turkish sovereign outlook change to “stable” from “positive” on 08 January 2010
    • S&P revision dated 22 February 2010
      • Long term FC Counterparty rating upgraded to BB from BB-. Rating outlook also changed from “stable” to “positive” following the Turkish sovereign outlook change to “positive” from “stable” on 19 February 2010
      • Long term credit rating on the Turkish scale changed to” trAA” from “trA+”