Published on 14 Dec 2020.
Upon the request of Kuveyt Turk Katilim Bankasi A.S. (the Bank), RAM Ratings has withdrawn the Bank’s A1/Stable/P1 financial institution ratings and the A1(s)/Stable rating of KT Kira Sertifikalari Varlik Kiralama A.S.’s (KT Kira) RM2.0 billion Islamic Medium-Term Notes Programme (2015/2025). KT Kira is the Bank’s funding conduit. As such, we no longer have any obligation in respect of the ratings. As at 11 December 2020, there was no sukuk outstanding under the programme.
Wong Yin Ching, CFA
(603) 3385 2555
(603) 3385 2577
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Ratings on Kuveyt Turk Katilim Bankasi AS