Moody's rates Turk Eximbank Ba1

Moody's Investors Service has assigned a Ba1 foreign currency issuer rating to Export Credit Bank of Turkey (Turk Eximbank).

Moody's said this rating was assigned in line with its methodology on rating Government-Related Issuers and has a stable outlook.

The Ba1 rating is two notches higher than the Republic of Turkey's Ba3 foreign currency debt rating and remains constrained by the revised ceiling for foreign currency debt in the country.

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