| 17 September 2024 |
Fitch Ratings has upgraded Garanti BBVA Factorings’s Long-Term Foreign Currency and Local-Currency Issuer Default Ratings (IDRs) to "BB-" from "B" and to "BB-" from "B+", respectively and revised the Outlooks to "Stable" from "Positive" on September 17, 2024. The agency has also upgraded Garanti BBVA Factorings’s Shareholder Support rating to "BB-" from "B". |
| 15 March 2024 |
Fitch Ratings has upgraded Garanti BBVA Factorings’s Long-Term Foreign Currency and Local-Currency Issuer Default Ratings (IDRs) to "B" from "B-" and to "B+" from "B", respectively and revised the Outlooks to "Positive" from "Stable" on March 15, 2024. The agency has also upgraded Garanti BBVA Factorings’s Shareholder Support rating to "B" from "B-". |
| 26 September 2023 |
Fitch Credit Ratings has affirmed Garanti BBVA Factoring’s Long Term Foreign and Local Currency IDRs at "B-" and "B", respectively and revised the Outlooks to Stable from Negative on September 26, 2023, following the revision of the Outlook on Türkiye's Long-Term IDR to Stable from Negative on 8 September 2023. |
