Capital Intelligence (CI), the international credit rating agency, today announced that it has assigned an initial Financial Strength rating of BB to Turkey's Albaraka Türk Katilim Bankasi A.Ş. (ATKB). 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 ownership and a reasonable expectation of support from its majority shareholder, an initial Support rating of 3 is assigned. The Outlook for all ratings is stable.
