RATINGS - Capital Intelligence upgrades KFH-Turkey's rating

www.zawya.com - Capital Intelligence (CI), the international credit rating agency, announced that ithas raised the Financial Strength rating of KFH-Turkey. The rating is raised to'bb+' from 'bb,' underpinned by its very sound asset quality, good capitalprofile and continued good profitability, and the support rating of '2' is affirmed.

TheLong-term Foreign Currency rating is affirmed at 'bb,' while the Short-termForeign Currency rating is affirmed at 'b,' both at the same level as thesovereign rating. All ratings carry a 'Stable' outlook.  (source)

RATINGS - Fitch Assigns Bank Asya's Forthcoming Sukuk Issue 'B+(exp)' Expected Rating

Fitch Ratings-Paris/Istanbul/London-20 October 2011: Fitch Ratings has assigned Asya Katilim Bankasi A.S.'s (Asya) forthcoming sukuk issue a 'B+(exp)' expected rating. The expected rating is in line with Asya's Long-term foreign currency Issuer Default Rating (IDR). The final rating is contingent upon receipt of final documentation conforming to information already received by Fitch. (source)

RATINGS - CI assigns initial ratings to Asya Katilim Bankasi : ‘BB-‘ Long-term and ‘B’ short-term

Capital Intelligence (CI), the international credit rating agency, today announced that it has assigned an initial Financial Strength rating of ‘BB-’ to Turkey’s Asya Katilim Bankasi A.Ş. (AKB). In addition, initial Foreign Currency ratings of ‘BB-‘ Long-term and ‘B’ short-term are assigned to the Bank. In view of the Bank’s widely distributed ownership, an initial Support rating of ‘4’ is assigned. The Outlook for all
ratings is ‘Stable’.