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FINANCIAL HIGHLIGHTS AND RISK MANAGEMENT
CONVENIENCE TRANSLATION OF PUBLICLY ANNOUNCED UNCONSOLIDATED FINANCIAL STATEMENTS ORIGINALLY ISSUED IN TURKISH, SEE NOTE I. OF SECTION THREE
TÜRKİYE VAKIFLAR BANKASI TÜRK ANONİM ORTAKLIĞI
UNCONSOLIDATED FINANCIAL REPORT FOR THE
YEAR ENDED AT 31 DECEMBER 2014
(Amounts expressed in thousands of Turkish Lira (“TL”) unless otherwise stated.)
SECTION SIX
OTHER DISCLOSURES
I. OTHER DISCLOSURES ON THE BANK’S ACTIVITY
None.
II. INFORMATION ON THE BANK’S RATING GIVEN BY INTERNATIONAL CREDIT RATING INSTITUTIONS
December 2014
(*)
Moody’s Investors’ Service
Financial Strength Rating
D+ (ba1)
Local Currency Deposit Rating
Baa3 / P-3
Local Currency Outlook
Negative
Foreign Currency Deposit Rating
Baa3 / P-3
Foreign Currency Outlook
Negative
June 2014
(*)
Standard & Poors
Foreign Currency Credit Rating
BB+ / B
Local Currency Credit Rating
BB+ / B
National
trAA+ / trA-1
Continuance Rating
NR
December 2014
(*)
Capital Intelligence
Financial Strength Rate
BBB-
Short Term Foreign Currency
B
Long Term Foreign Currency
BB+
Support Rating
2
Outlook
Stable
January 2015
(*)
Fitch Ratings
Long Term Foreign Currency
BBB-
Short Term Foreign Currency
F3
Foreign Currency Outlook
Stable
Long Term Local Currency
BBB
Short Term Local Currency
F3
Local Currency Outlook
Stable
National Long Term
AAA (tur)
National Outlook
Stable
Support
2
Base Support Rating
BBB-
(*)
Dates represent the last change dates of credit ratings and outlook.