Fitch Assigns Turkey's Sekerbank Long-term Rating Of B-

LONDON/ANKARA - Fitch Ratings, an international rating agency, assigned Turkey's Sekerbank long-term foreign and local currency ratings of ''B-'' (B minus).
Issuing a statement on Monday, the agency said the outlook on all long-term ratings was stable.
It stressed that the rating of ''B-'' reflected Sekerbank's strong core funding and initiation of a corporate restructuring designed to enhance future performance.
(MS-AY) 26.04.2004