Fitch Affirmed Dünya Katılım Bank’s Credit Rating at “B-” with a Positive Outlook

International credit rating agency Fitch Ratings affirmed Dünya Katılım Bank’s credit rating at “B-”, with a positive outlook.

Established in 2024 and having only just completed its second year of operation, Dünya Katılım Bank was assessed by a credit rating agency for the first time. The outlook on the bank’s credit rating was set as “positive” by Fitch.

The rating agency assigned Dünya Katılım’s Long-Term Issuer Default Ratings (IDR) in both local and foreign currency as “B-”, while its Short-Term IDRs were rated at “B”. The bank’s National Long-Term Rating, which measures its capacity to meet its Turkish Lira obligations, was announced as “BBB-(tur)”, an investment-grade level, while its Viability Rating (VR) was announced as “B-”.

“It has shown rapid growth since its establishment”

In the report prepared by Fitch, it was noted that Dünya Katılım Bank, part of Ahlatcı Holding, is an early-stage but developing bank; it was stated that the bank has grown rapidly since its founding by achieving profitability above the sector average, and that the bank aims to sustain this in the near term.

Dünya Katılım Bank’s niche position in gold banking and its gold deposits, along with its profit-sharing accounts and online trading platform, were cited among the drivers of the bank’s performance.

The report noted that the bank’s non-performing loan ratio of 0.9% as of the end of the first quarter of 2026 points to low financial risk, while the improvement in the 15.1% profit / risk-weighted assets ratio was also highlighted.

“An important milestone”

Commenting on the matter, Dünya Katılım Bank General Manager İkram Göktaş said: “We are a participation bank that is only about to complete its two-and-a-half years of operation. Despite this, we have come a very long way in a short time. We see this report as a confirmation of that. Considering that the “BB-” rating most recently assigned to Türkiye by Fitch this April serves as a ceiling — despite the war in Iran and the negative effects of regional tensions on all world economies — we can say we are at a very good starting point. The positive findings Fitch highlighted in its analyses are very valuable to us. On this path we set out on with our strategic goals and the ideal of becoming one of the important players in the banking sector, we consider being evaluated by an institution like Fitch to be very important, and we see it as a milestone. God willing, we will continue to sustain our successful trajectory in the periods ahead.”