JCR Eurasia Rating assigning a rating of ‘BBB (Trk)’ on the Long Term National Scale along with a ‘Stable’ outlook to Usak Seramik Sanayi A.S. regarding “Cash Flows on Prospective Bond Issue” (December 6, 2012)

JCR Eurasia Rating has assigned an investment grade rating of ‘BBB (Trk)’ on the Long Term National Scale along with a ‘Stable’ outlook to “Uşak Seramik Sanayi A.Ş.” regarding “Cash Flows on Prospective Bond Issue” within the context of Credit Rating and Issue Rating. On the other hand, JCR Eurasia has assessed the Long Term International Foreign and Local Currency ratings as ‘BB’. Other notes and details of the ratings are given in the table below:

JCR-Eurasia Rating assigned a rating of ‘BBB (Trk)’ on the Long Term National Scale along with a ‘Positive’ outlook to Net Holding A.Ş. (October 19, 2012)

JCR Eurasia Rating has assigned an investment grade credit rating of ‘BBB (Trk)’ on the Long Term National Scale along with a ‘Positive’ outlook to “Net Holding A.Ş.”. JCR Eurasia has assessed the Long Term International Foreign and Local Currency ratings as ‘BB’. Other notes and details of the ratings are given in the table below:

JCR Eurasia Rating has affirmed the “A-(Trk)” rating of Bilkent Holding A.Ş. and revised its outlook from “Stable” to “Positive” on the Long Term National Scale, which denotes a high investment grade (October 15, 2012)

JCR Eurasia Rating has affirmed the credit rating of A- (Trk) and revised its outlook from ‘Stable’ to ‘Positive’ for Bilkent Holding A.Ş. on the long term national scale, which denotes a high investment grade. For the long term international foreign currency and international local currency categories, the Company’s note has been evaluated as “BB”, which is the same as the sovereign rate of Turkey. Other notes and details of the rating are provided in the table below.

JCR-Eurasia Rating has assigned an investment grade credit rating of ‘A (Trk)’ on the Long Term National Scale along with a ‘Stable’ outlook to ULUSAL FAKTORING A.S. (August 16, 2012)

JCR Eurasia Rating has assigned investment grade credit ratings of ‘A (Trk)’ on the Long Term National Scale and ‘A-1 (Trk)’ on the Short Term National Scale along with a ‘Stabil’ outlook to “Ulusal Faktoring A.Ş.”. JCR Eurasia has assessed the Long Term International Foreign Currency and Local Currency ratings as ‘BB’. Other notes and details of the ratings are given in the table below:

JCR-Eurasia Rating has affirmed the rating of Creditwest Insurance Ltd. as ‘A(Trk)’ and revised its outlook from ‘Stable’ to ‘Positive’ on the Long Term National Scale, which denotes a high investment grade (July 27, 2012)

JCR Eurasia Rating has affirmed the credit rating of A (Trk) and revised its outlook from ‘Stable’ to ‘Positive’ for Creditwest Insurance Ltd on the long term national scale, which denotes a “high” investment grade. For the long term international foreign currency and international local currency categories, the Company’s note has been upgraded from ‘BB-‘ to ‘BB’, which is the same as the sovereign rate of Turkey. Other notes and details of the rating are provided in the table below.

JCR Eurasia Rating has upgraded the rating of Creditwest Bank Ltd. to ‘AA+(Trk)’ from ‘AA(Trk)’ with a ‘Stable’ outlook on the Long Term National Scale, which denotes a very high investment grade (July 27, 2012)

JCR Eurasia Rating has upgraded Creditwest Bank Ltd.’s Long Term National Scale rating to ‘AA+ (Trk)’ from ‘AA (Trk)’with a ‘Stable’ outlook which denotes a very high investment grade. JCR Eurasia has assessed the Long Term International Foreign and Local Currency ratings as ‘BB’, which is the same as that assigned to the sovereign rate of Turkey. Other notes and details of the ratings are given in the table below:

JCR Eurasia Rating affirming the credit rating of Segure Insurance Ltd. as ‘A (Trk)’ on the Long Term National Scale while upgrading its Long Term International FC and LC ratings to ‘BB’ from ‘BB-' (July 27, 2012)

JCR Eurasia Rating has affirmed the credit rating of Segure Insurance Ltd. as ‘A (Trk)’ on the Long Term National Scale and upgraded its Long Term International FC and LC ratings to ‘BB’ from ‘BB-‘ along with ‘stable’ outlooks. Other notes and details of the ratings are given in the table below:

JCR Eurasia Rating affirming the credit rating of Segure Insurance Ltd. as ‘A (Trk)’ on the Long Term National Scale while upgrading its Long Term International FC and LC ratings to ‘BB’ from ‘BB-‘ (July 27, 2012)

JCR Eurasia Rating has affirmed the credit rating of Segure Insurance Ltd. as ‘A (Trk)’ on the Long Term National Scale and upgraded its Long Term International FC and LC ratings to ‘BB’ from ‘BB-‘ along with ‘stable’ outlooks. Other notes and details of the ratings are given in the table below:

JCR-Eurasia Rating, has assigned an investment grade credit rating of ‘A (Trk)’ on the Long Term National Scale along with a ‘Positive’ outlook to DESTEK FAKTORING A.S. (July 11, 2012)

JCR Eurasia Rating has assigned investment grade credit ratings of ‘A (Trk)’ on the Long Term National Scale along with a ‘Positive’ outlook and of ‘A-1+ (Trk)’ on the Short Term National Scale along with a ‘Stable’ outlook to “Destek Faktoring A.Ş.”. JCR Eurasia has assessed the Long Term International Foreign Currency and Local Currency ratings as ‘BB’. Other notes and details of the ratings are given in the table below:

JCR Eurasia Rating assigns the ratings of ‘A+ (Ukr)’ on the Long Term National Scale and ‘BB-‘ on the Long Term International Foreign and Local Currency along with ‘Stable’ outlooks for PJSC – West Finance and Credit Bank (July 16, 2012)

JCR Eurasia Rating, consequent to the rating process, has assigned the rating of ‘A+ (Ukr)’ along with a ‘Stable’ outlook for PJSC – West Finance and Credit Bank on the Long Term National Scale, which denotes an investment grade credit rating. JCR Eurasia has assessed the Long Term International Foreign and Local Currency ratings as ‘BB-’. Other notes and details of the ratings are given in the table below:

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