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Fitch affirms Turkey's large private banks

Fitch Ratings has affirmed the Long-term foreign currency Issuer Default Ratings (IDRs) of Turkey's four largest privately-owned banks – Turkiye Is Bankasi A.S. (Isbank), Turkiye Garanti Bankasi A.S.  (Garanti), Akbank T.A.S. (Akbank) and Yapi ve Kredi Bankasi A.S.  (Yapi Kredi) – at 'BBB-'. At the same time, Fitch has affirmed…

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