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24.03.2016 16:30:00
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Sekerbank T.A.S. -- Moody's downgrades Sekerbank's long-term deposit ratings to Ba3; outlook remains negative
London, 24 March 2016 -- Moody's Investors Service has today downgraded the long-term local and foreign-currency deposit ratings of Sekerbank T.A.S. (Sekerbank) to Ba3 from Ba2. The short-term local and foreign currency deposit ratings at Not-Prime were affirmed. The standalone baseline credit assessment (BCA)/adjusted BCA was downgraded to b1 from ba3, as was the bank's long-term Counterparty Risk Assessment (CRA) to Ba2(cr) from Ba1(cr). The short-term CRA was affirmed at Not-Prime. The outlook on the long-term deposit ratings is negative.
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