VKF_FRAE_2017

405 VakıfBank Annual Report 2017 INTERNATIONAL CREDIT RATINGS February 2018 (*) Fitch Ratings Long-Term Foreign Currency BB+ Short-Term Foreign Currency B Foreign Currency Outlook Stable Long-Term Local Currency BBB- Short-Term Local Currency F3 Local Currency Outlook Stable National Long-Term Rating AAA (tur) National Outlook Stable Support Rating 3 Support Rating Floor BB+ Viability Rating bb+ 2 nd of February, 2018 (*) Moody’s Investors’ Service BCA (Baseline Credit Assessment) ba2 LC Deposit Ba1/NP Outlook on LC Negative FC Deposit Ba2/NP Outlook on FC Negative 12 th of December, 2017 (*) Standard&Poors FC Credit BB/B Outlook on FC Negative LC Credit BB/B Outlook on LC Negative National Rating trAA-/trA-1 (*) Most recent dates of changes in credit ratings and outlooks.