Stock Performance
During 2016 when global economic growth lost pace, geopolitical risks were aggravated and their negative effects on Turkey’s macroeconomic balances began to be felt, İş Leasing carried out its activities along sustainable and healthy growth axis, and continued to take place among the sector’s leading companies with its innovative products and services.
Publicly-held since 2000 and 42.7% of its shares traded on BIST, İş Leasing remained the sector’s most important benchmark stock with an average trading volume of 564,746 transactions in 2016. İş Leasing preserves its strong position in the sector with its effective capital base supporting sustainable growth, solid asset quality, dynamic and competent human resources, and advanced corporate governance practices.
Corporate Governance
İş Leasing believes in the necessity of an effective corporate governance system to successfully attain its goals through continuous development, and hence, implements and continually furthers the best corporate governance practices. Maintaining a communication with its stakeholders built on the principles of accuracy, transparency, fairness and accountability, İş Leasing was assigned a corporate governance rating score of 9.17 on a scale of 10 by SAHA Rating in 2016. The score earned offers further evidence of the Company’s superior compliance with corporate governance principles. İş Leasing is included in the BIST Corporate Governance Index and the World Corporate Governance Index (WCGI).
Credit Rating
Having its credit rating renewed every year pursuant to its commitment to corporate governance principles and its transparency principles, İş Leasing was assigned a national rating of AA+ and a foreign currency rating of BBB- by Fitch Ratings in 2016.
Foreign Currency |
||
---|---|---|
Long Term |
Short Term |
Outlook |
BBB- |
F3 |
Negative |
Turkish Lira |
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---|---|---|
Long Term |
Short Term |
Outlook |
BBB- |
F3 |
Negative |
National |
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---|---|---|
Long Term |
Support Rating |
Outlook |
AA+ |
2 |
Negative |