content tagged with S&P

S&P, Moody's Lower Turkey’s Credit Rating

S&P, Moody's Lower Turkey’s Credit Rating

After the international credit rating agency S&P downgraded Turkey’s credit rating from BB- to B+, the Moody’s has also lowered the credit rating of the country from Ba2 to Ba3.

Depreciation of Turkish Lira After S&P Downgrades Credit Rating

Depreciation of Turkish Lira After S&P Downgrades Credit Rating

After the global credit rating agency S&P has downgraded the credit rating of Turkey, the Turkish Lira has depreciated by around 1.5 percent against US Dollar and Euro in one day.

S&P Downgrades Credit Rating of 4 Banks in Turkey After Revising Turkey’s Rating to Negative

S&P Downgrades Credit Rating of 4 Banks in Turkey After Revising Turkey’s Rating to Negative

Revising its outlook for Turkey’s sovereign credit rating to negative from stable on January 27, rating agency Standart&Poor's has now also downgraded the rating of four Turkish banks; İş Bank, Vakıflar Bank, Yapı ve Kredi Bank and Garanti Bank.

1 February 2017