Fitch Affirms Turk Ekonomi Bankasi's Rating

ANKARA - International rating organization Fitch Ratings affirmed Monday the rating of the Turk Ekonomi Bankasi (TEB).
Fitch affirmed TEB's long-term local currency issuer default rating (IDR) as BB+, short-term local currency IDR as B, long-term foreign currency IDR as BB, short-term foreign currency IDR as B and individual rating as C/D.
The rating organization said TEB is growing very rapidly.