The Coronavirus pandemic led to sharp and quick shifts in the markets all over the world, creating a powerful, sweeping jolt affecting all, from global indicators to local indices. BIST 100 index was up by 29.1% despite the pandemic, and closed the year at 1,476.7.
İş Leasing, which is a Group B share, is traded on the Stars Market. Also a constituent of the BIST Corporate Governance Index by virtue of its effective corporate governance practices, the Company is also included in the BIST Financial and BIST Leasing Factoring indices. Publicly-held since 2000 and 41.8% of its shares traded on BIST, İş Leasing remained the sector’s most important benchmark stock with an average trading volume of 71,993,794 transactions in 2020.
İş Leasing, a believer in the necessity of an effective corporate governance system to successfully attain its goals through sustainable performance, continually furthers its practices, maintaining a communication with its stakeholders built on the principles of accuracy, transparency, fairness, trust and accountability, and targeting best corporate governance models.
In 2020, İş Leasing was assigned a corporate governance rating of 9.21 (92.13%) on a scale of 10 by Saha Kurumsal Yönetim ve Kredi Derecelendirme Hizmetleri A.Ş.
In its rating report dated 2 September 2020, Fitch Ratings announced the local and international currency ratings of İş Leasing as A+(tur) and B+, respectively.
Foreign Currency |
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---|---|---|
Long Term |
Short Term |
Outlook |
B+ |
B |
Negative |
Turkish Lira |
||
---|---|---|
Long Term |
Short Term |
Outlook |
B+ |
B |
Negative |
National |
||
---|---|---|
Long Term |
Support Rating |
Outlook |
A+(tur) |
4 |
Stable |