Sabancı Holding Chairwoman of the Board Güler Sabancı Evaluates the Fitch Decision

06.11.2012
  • SABANCI HOLDING CHAIRWOMAN OF THE BOARD GÜLER SABANCI EVALUATES THE FITCH DECISION
  • GÜLER SABANCI: “IT'S A POSITIVE BUT A LATE DECISION”

121102 1-800x600Sabancı Holding Chairwoman of the Board Güler Sabancı's statement on international credit rating agency Fitch's decision to raise Turkey's rating to ‘investment grade’:

“I feel very positive about international credit rating agency Fitch's decision to raise Turkey's rating to investment grade.  Turkey's economic performance in the recent years heralded this rating increase.  Frankly, Fitch and other rating agencies are late in their decision to increase Turkey's rating. Turkey is the shining star at the center of a region with immense geopolitical significance and this rating increase will have a positive impact on investments it will attract in the coming years.”