It changed the outlook for Turkish banks from negative to stable. He pointed out that if the current policies continue, the credit rating can be upgraded.
The decision about Turkish banks from Moody’s had a positive impact on the markets.
Economist Ahmet Deniz Yağbasan stated that this step of Moody’s will have many contributions and said, “The arrival of foreign capital in the Turkish market and the support of the real sector will especially broaden the perspective of foreign investors on the Turkish market. He said: “The arrival of such news is a positive development for Borsa İstanbul.”
So what is the next step of the organization? Grade increase?
Economist Ahmet Deniz Yağbasan also said the following about this issue:
“In the future, if the actions taken or to be taken by the Central Bank and the Ministry of Finance continue, the credit rating may be revised one step higher, especially after the outlook is changed to positive.”
Moody’s measures the investability level of countries
International credit rating agency Moody’s has a history of more than 100 years.
Its purpose is to measure the debt repayment capacity of countries or companies, to grade credit risk.
Moody’s has many criteria while doing this. It acts with a scoring system. The investability level of countries is measured.