Credit Ratings

Long Term Issuer Rating (Foreign and Local) B2
Senior Unsecured Regular Bond/Debenture Rating B2
Senior Unsecured MTN Program Rating (P)B2
Baseline Credit Assessment Rating b3
Adjusted Baseline Credit Assessment Rating b3
Long Term Counterparty Risk Ratings (Foreign and Local) B2
Long-term Counterparty Risk Assessment B2(cr)
Short Term Issuer Ratings (Foreign and Local) NP
Other Short Term (P)NP
Outlook Negative

* Turk Eximbank's ratings were revised by Moody’s on September 15, 2020.

Long Term FC IDR B+ Negative
Long Term LC IDR BB- Negative
Short Term FC IDR B  
Short Term LC IDR B  
Government Support Rating b+  
National Long Term Rating AAA (tur) Stable

* Turk Eximbank's ratings were affirmed and outlooks were revised by Fitch on Dec 10, 2021.