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Turkey: Akbank expects Turkey to acquire investment grade status in 2011

Posted on 14 February 2011

Date: 15/11/2010
Turkey: Akbank expects Turkey to acquire investment grade status in 2011

One of Turkey’s leading banks expects Turkey to receive “investment grade” status in 2011.

According to Akbank Turkey’s standing as a low-risk country for lenders ranks lower than comparable countries indicating a rating upgrade. Rating agencies are expected to upgrade Turkey’s “stable outlook” status to “investment grade” by next year.

15 November 2010 Invest in Turkey (Dunya)

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