Credit Ratings Assigned to Türk Eximbank by International Rating Agencies

The issuer credit ratings assigned to Türk Eximbank by Moody’s and Fitch Ratings as of the end of 2022 are as follows:

Fitch Ratings*

Foreign Currency IDR **

B-/Negative/B

Local Currency IDR **

B/Negative/B

National Credit Rating **

AAA (tur)/Stable

Government Support Rating

b-

* Recent revision as of 26 July 2022
** Long-term/Outlook (if available)/Short-term

 Moody’s*

Foreign Currency Issuer Rating

B3/ Stable /NP

Local Currency Issuer Rating

B3/ Stable /NP

Senior Unsecured Regular Bond/Debenture Rating

B3/Stable

Senior Unsecured MTN Program Rating

(P)B3

* Recent revision as of 16 July 2022
** Long-term/Outlook (if available)/Short-term