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Financial Information and Risk Management
Türkiye İş Bankası A.Ş.
Notes to the Consolidated Financial Statements
for the Year Ended 31 December 2015
İş Finansal Kiralama A.Ş.
Rating
Outlook
FITCH RATINGS
Long-term Foreign Currency Issuer Default Rating
BBB-
Stable
Long-term Local Currency Issuer Default Rating
BBB-
Stable
Short-term Foreign Currency Issuer Default Rating
F3
-
Short-term Local Currency Issuer Default Rating
F3
-
National Long-term Rating
AA+ (tur)
Stable
Support Rating
2
-
The date below given is on which the credit ratings of İş Finansal Kiralama A.Ş. were last updated:
Fitch Ratings: 10 July 2015
II. Explanations on Special Purpose Audit and Public Audit
According to the Turkish Commercial Code 207, 438 and 439, the Bank has not been done special audit in the current period. The Bank is subject to public scrutiny, including public
institutions such as; BRSA, CBRT, the Capital Markets Board, the Competition Authority. In relation to these inspections of public institutions, if there is a point where disclosure to be
necessary, the Bank shares the issues with the public through disclosures.
SECTION SEVEN: EXPLANATIONS ON THE INDEPENDENT AUDITORS’ REPORT
I. Explanations on the Independent Auditors’ Report:
The consolidated financial statements of the Bank and its consolidated financial subsidiaries as of 31 December 2015, have been audited by Akis Bağımsız Denetim ve Serbest
Muhasebeci Mali Müşavirlik Anonim Şirketi (A member firm of KPMG International Cooperative) and the independent auditors’ report dated 1 February 2016, is presented before the
accompanying consolidated financial statements.
II. Explanations and Footnotes of the Independent Auditors
There are no significant issues or necessary disclosures or notes in relation to the Group’s operations other than those mentioned above.
