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First Note to Nurol Investment Bank – Vatan – 29.6.2018

The first note to Nurol Investment Bank; international credit rating agency Moody’s gave Nurol Investment Bank a note for the first time. The organization set its global long-term issuance rating as ‘B3’. Moody’s determined Nurolbank’s national scale rating as ‘Ba2.tr/ TR-4’ and the counterparty risk rating as ‘Baa3.tr/ TR-3’. And it took 2 notes under follow-up for a possible increase. Nurol Investment Bank’s CEO Özgür Altuntaş said “Nurol Investment Bank was given note by Moody’s within the Turkish banking sector and it has been the 18th bank announced to the public with this note. However, unlike other banks, our bank was taken into positive follow up”.

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