İnternet Şubesi

Ratings

27.09.2017
Within the review process, JCR-Eurasia Rating has confirmed the Bank. Long-Term Sovereign Rating as ‘AA- (Trk)’ and Short-Term Sovereign Rating as ‘A-1+(Trk)’, and revised the appearances from “Negative” to “Stable”. It has maintained the Long Term International Foreign Currency Rating as ‘BBB-’, and the appearance as ‘Stable’.

19.09.2017
The international credit rating agency Moody’s has confirmed the Baa1 ratings assigned to the SME covered bond ratings issued by Sekerbank T.A.S.

21.03.2017
The international credit rating agency, Moody's, published a press release after 17 March 2017, which revised the view of Turkey's ratings to negativity; 17 Turkish banks, including our bank, have updated their credit rating grades. Accordingly, Moody’s has updated our Bank’s long-term domestic and foreign currency credit rating to B2, the Baseline Credit Assessment to b2 and Appearance as negative.  

10.02.2017
International credit rating agency Fitch Ratings updated the ratings of Turkish banks after the announcement of the country's rating on January 27, 2017. In this scope, the updated ratings of our Bank are as below:
Long-term Local and Foreign Currency Rating: B +
Short Term Foreign and Local Currency Rating: B
Viability Rating: b +
Support Rating: 5
National Long-Term Rating: 'A(tur)';
Outlook: Stable
27.09.2016
Following a revision of Turkey's credit rating by one-level downside on September 23, 2016 by Moody's, the international credit rating agency, It was announced on 26 September 2016 that the credit ratings of 17 Turkish banks including Şekerbank were updated. Accordingly, Şekerbank's long-term foreign and local currency credit ratings has been revised from Ba3 to B1; Short Term National Note from TR-2 to TR-3; The Long Term National Note from Baa1.tr to Baa2.tr; and Moody’s confirmed Şekerbank’s foreign and local currency credit ratings as Not-Prime, Baseline Credit Assessment as b1, and Appearance as negative. Moody's also revised the Bank-issued Covered Bond Securities Program rating from A3 to Baa1 in line with the fact that Turkey’s local currency bond ceiling rating has been lowered the from "A3" to "Baa1"

07.09.2016
JCR Eurasia Rating has affirmed Şekerbank T.A.Ş.’s National Local Rating Notes as “AA- (Trk)” in the long term, which donates a high investment grade, and affirmed the Bank’s short term rating as “A-1+ (Trk)”. On the other hand, the outlooks have been revised to “Negative” from ‘Stable’ on both ratings. The Bank’s International Long Term Local and Foreign Currency notes have been affirmed as “BBB-” with “Stable” outlooks. Furthermore, International Short Term Local and Foreign Currency ratings have been affirmed at A-3 with ‘Stable’ outlooks.
27.07.2015
JCR Eurasia Rating has affirmed the credit ratings of Şekerbank T.A.Ş. as ‘AA-(Trk)’ on the Long Term National Scale and as ‘BBB- (Trk)’ on the Long Term International Foreign and Local Currency Scales along with ‘Stable’ outlooks.

23.02.2015
Fitch Ratings has confirmed Şekerbank's Long Term International Foreign Currency and Local Currency Ratings as 'BB-', Short-Term Rating as B; Sovereign Rating as A+(TUR); Financial Capacity Rating as bb-; and Support Rating as 5, and raised its appearances from negative to stable.
09.07.2014
Fitch Ratings affirmed Şekerbank’s ratings and disclosed the outlook of Long-term IDRs and National Long-term rating as Negative:

Long-term foreign and local currency IDR affirmed at “BB-“; Negative Outlook,
Short-term foreign and local currency IDR affirmed at “B”,
Viability Rating affirmed at “bb-”,
Support Rating affirmed at “5”,
Support Rating Floor affirmed at “NF”,
National Long-term Rating affirmed at 'A+(tur)' Negative Outlook.

18.03.2014
Moody’s has downgraded Sekerbank’s Long Term Foreign Currency Bank Deposits Rating from “Ba1” to “Ba2” and affirmed outlook as “stable”.
11.07.2013
Fitch Ratings affirmed Şekerbank’s ratings;

Long-term foreign and local currency IDR affirmed at “BB-“; Stable Outlook,
Short-term foreign and local currency IDR affirmed at “B”,
Viability Rating affirmed at “bb-”,
Support Rating affirmed at “5”,
Support Rating Floor affirmed at “NF”,
National Long-term Rating affirmed at 'A+(tur)' Stable Outlook.

01.07.2013
JCR has upgraded Şekerbank’s Stand Alone Rating from “B” to “AB” and upgraded National Local Long Term Rating from “A+(Trk)” to “AA-(Trk)” and disclosed outlook as “stable”.

29.05.2013
JCR has upgraded Şekerbank’s Foreign & Local Currency Long Term Rating from “BB” to “BBB-“ (Investment Grade) and Foreign & Local Currency Short Term Rating from “B” to “A-3”.

22.03.2013
Moody’s has upgraded Sekerbank’s Long Term Foreign Currency Bank Deposits Rating from “Ba2” to “Ba1” and disclosed outlook as “stable”.

14.03.2013
Moody’s affirmed Şekerbank’s ratings;Local Currency Deposit ratings “Ba1”; outlook is “stable”,Foreign Currency Deposit ratings “Ba2”; outlook is “stable”,Financial Strength rating “D”; outlook is “stable”,Long Term National ratings “A2.tr”; outlook is “stable”,Short Term National ratings “TR-1”; outlook is “stable”.
04.07.2012
Moody’s has upgraded Sekerbank T.A.S's Long Term Foreign Currency Deposit ratings from Ba3' to Ba2 and disclosed outlook “stable”

08.06.2012
JCR-Eurasia Rating has confirmed the Şekerbank’s rating of Long Term National Scale as “A+(Trk)” and also revised the outlook to “positive” from “Stable”.

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07.02.2012
ISS Corporate Services, Inc. (ISS) updated Şekerbank’s rating score with a rating of 88.21 within the context of “Shareholders”, “Public Disclosure and Transparency”, “Stakeholders” and “Board of Directors” as of 07.02.2012

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07.12.2011
Moody’s affirmed Şekerbank T.A.Ş.’s ratings
• Local Currency Deposit ratings Ba1; outlook is stable
• Foreign Currency Deposit ratings Ba3; outlook is positive
• Financial Strength rating D; outlook is stable
• Long Term National ratings A2.tr; outlook is stable
• Short Term National ratings TR-1; outlook is stable

28.10.2011
Fitch Ratings has upgraded Sekerbank T.A.S's Long-term Issuer Default Ratings (IDRs) to 'BB-' from 'B+', Viability Rating to 'bb-' from 'b+' and affirmed Short-term foreign currency and local currency IDR "B", National Long-term rating "A", Individual Rating"D" and outlook “stable”.

06.07.2011
JCR-Eurasia Rating has affirmed a rating of ‘A+(Trk)‟ along with a „Stable‟ outlook for Şekerbank T.A.Ş. on the Long Term National Scale which denotes the high investment grade. On the other hand, the Long Term International Foreign and Local Currency Ratings has been assigned as ‘BB’.

06.2011
JCR-Eurasia Rating has affirmed the rating of “A+(Trk)” along with a “Stable” outlook for Şekerbank T.A.Ş. on the Long Term National Scale, which denotes the high investment grade.
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07.02.2011
ISS Corporate Services, Inc. (ISS) updated Şekerbank’s rating score with a rating of 87.60 within the context of “Shareholders”, “Public Disclosure and Transparency”, “Stakeholders” and “Board of Directors” as of 07.02.2011

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22.11.2010
Moody's Investors Service has assigned first-time ratings to Sekerbank T.A.S. (Sekerbank).
Sekerbank was assigned a bank financial strength rating (BFSR) of D, local currency deposit ratings of Ba1/Not Prime and foreign currency deposit ratings of Ba3/Not Prime. In addition, Moody's assigned A2.tr long-term and TR-1 short-term Turkish national scale ratings to the bank. The outlook on foreign currency deposit ratings is positive, while all the other ratings carry a stable outlook.

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16.11.2010
Capital Intelligence (CI), announced that it has raised the Long-term Foreign Currency rating of Turkey’s Şekerbank T.A.Ş.
The Short-term Foreign Currency rating is affirmed at B, which is also constrained by the Sovereign rating.
Both Foreign Currency ratings carry a‘Stable’ outlook. At the same time CI affirmed the Financial Strength Rating (FSR) at BB+, changing the outlook from Negative to Stable.

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12.11.2010
Fitch Ratings has upgraded Sekerbank TAS’s (Sekerbank) Long-term (LT) local currency (LC) and foreign currency (FC) Issuer Default Ratings (IDR) to ‘B+’ from ‘B’, respectively.

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28.07.2010
JCR Eurasia Rating has assigned a rating of ‘A+(Trk)’ along with a ‘Stable’ outlook to Şekerbank T.A.Ş. on the Long Term National Scale, which denotes the high investment grade.
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Click here for "Corporate Credit Rating"

08.02.2010
ISS Corporate Services, Inc. (ISS) updated Şekerbank’s rating score with a rating of 86.64 within the context of “Shareholders”, “Public Disclosure and Transparency”, “Stakeholders” and “Board of Directors” as of 08.02.2010
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29.12.2009
Fitch Ratings has affirmed Sekerbank’s long-term foreign and local currency and short-term foreign and local currency Issuer Default Ratings (IDRs) at ‘B’, individual rating at ‘D’, support rating at ‘5’ and long term national rating at ‘BBB+ ‘ with ‘Stable’ outlook.

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23.12.2008
Fitch Ratings has affirmed Sekerbank’s long-term foreign and local currency and short-term foreign and local currency Issuer Default Ratings (IDRs) at ‘B’, individual rating at ‘D’, support rating at ‘5’ and long term national rating at ‘BBB+ ‘ with ‘Stable’ outlook.
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CI released Sekerbank Rating, October 2007

CI maintained Sekerbank's ratings with the expectation to move upwards due to improved performance and capital increase during 2007.

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"ISS Corporate Services updated Sekerbank’s Corporate Governance rating score”

ISS Corporate Services, Inc. (ISS) updated Şekerbank’s rating score with a rating of 81.36 within the context of “Shareholders”, “Public Disclosure and Transparency”, “Stakeholders” and “Board of Directors” as of 27.02.2009
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