International credit rating agency Fitch Ratings has affirmed the ratings of seven non-bank financial institutions in Turkey.
According to the statement from Fitch, the Long-Term Foreign-Currency Issuer Default Ratings (IDRs) of İş Finansal Kiralama, Yapı Kredi Faktoring, Yapı Kredi Finansal Kiralama, Ak Finansal Kiralama, Yapı Kredi Yatırım Menkul Değerler, Garanti Faktoring, and Garanti Finansal Kiralama have been affirmed at "B".
The outlook for the credit ratings was determined as 'positive'.
WHAT IS FITCH?
Headquartered in London and New York, Fitch Ratings has more than 55 offices worldwide.
Employing over 2,000 professionals, Fitch is an organization that conducts independent credit rating research.
News Source: 12punto
