S&P sees no rating pressure from Türkiye fund probe

International credit rating agency S&P Global Ratings said Türkiye's fund investigation was not expected to put downward pressure on the credit rating. The agency is expected to publish its Türkiye review on 16 October.

S&P Global Ratings Director for Central and Eastern Europe and CIS Sovereign Ratings Karen Vartapetov described the authorities' regulatory measures and policy response as swift and convincing. In its April review, the agency had affirmed Türkiye's credit rating at BB-/B and kept its outlook at that level.

Fund Investigation News Series

8 Oct 2026 22:38 İsmail Saymaz, Murat Ağırel and Şaban Sevinç to testify in fund probe Istanbul's Chief Public Prosecutor's Office ordered journalists İsmail Saymaz, Murat Ağırel and Şaban Sevinç to give statements as suspects as part of its fund investigation.

8 Oct 2026 20:40 Fund crisis inquiry motions rejected by AK Party and MHP votes Yeni Yol, CHP, İYİ Party and DEM Party's Turkish Grand National Assembly (TBMM) inquiry motions on the fund crisis were rejected by votes from AK Party and MHP lawmakers.

8 Oct 2026 16:40 10-article bill on liquidation of 131 funds due in Turkish parliament next week A 10-article interim bill for the 131 funds placed under liquidation is planned to go to the Turkish Grand National Assembly (TBMM) next week. The funds total about 1 trillion lira (TL).

8 Oct 2026 16:40 YENİ Party's Ümit Özlale names two ministers in fund crisis YENİ Party İzmir deputy Ümit Özlale called on Turkish Trade Minister Ömer Bolat and Turkish Family and Social Services Minister Mahinur Özdemir Göktaş to disclose fund transactions.

3 Oct 2026 12:09 S&P sees no rating pressure from Türkiye fund probe International credit rating agency S&P Global Ratings said Türkiye's fund investigation was not expected to put downward pressure on the credit rating. The agency is expected to publish its Türkiye review on 16 October.

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