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Creditwest Rating AA-

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CreditwestRep


Joined: 04/11/2008
Posts: 214

Message Posted:
16/12/2009 15:38

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Message 1 of 17 in Discussion

I am very proud to announce that JCR Eurasia Rating has assigned a credit rating of (AA-(Trk)) along with a ‘positive’ outlook to Creditwest Bank on the long term national scale, which denotes the “very high investment grade” criterion.



scruff


Joined: 15/07/2008
Posts: 1070

Message Posted:
16/12/2009 15:41

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Message 2 of 17 in Discussion

Well good for Creditwest & you get my vote too. 10/10.



negativenick


Joined: 10/11/2008
Posts: 6023

Message Posted:
16/12/2009 16:08

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Message 3 of 17 in Discussion

or as my old Uncle Persy used to say "well yow coor say fairer thun that......"



zcacmxi


Joined: 30/11/2008
Posts: 388

Message Posted:
16/12/2009 16:49

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Message 4 of 17 in Discussion

Not familiar with JCR, have only ever heard of Moody's, S&P, etc. However, full list of their ratings are available here if you are interested: http://www.jcravrasyarating.com/sayfalar/goster_en.php



JCR give highest rating of AAA to: TC Ziraat & Garanti.



negativenick


Joined: 10/11/2008
Posts: 6023

Message Posted:
16/12/2009 17:17

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Message 5 of 17 in Discussion

mess 4 - i'd give Garanti AAA for length of ques in the branch.....



i've never seen so many people waiting, and so few actually serving......



zcacmxi


Joined: 30/11/2008
Posts: 388

Message Posted:
16/12/2009 23:14

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Message 6 of 17 in Discussion

You can easily waste half a day in any bank in Cyprus regardless of credit rating, including HSBC, Turkiye Is & Turkish Bank.



I'm not sure whether it's down to inefficient processes, incompetence or bureaucracy.



andy-f


Joined: 03/05/2009
Posts: 1256

Message Posted:
16/12/2009 23:27

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Message 7 of 17 in Discussion

is there a minimum amout you can deposit to open an account at creditwest bank? we have decided to open one at the new branch at chatalkoy, we are over at xmas and its one of our things to do.



seems there is no negitave comments about this bank so we are going for it



andy



teatime


Joined: 20/10/2008
Posts: 852

Message Posted:
17/12/2009 01:38

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Message 8 of 17 in Discussion

Andy

You will not be disappointed, they are very helpful in there. Not sure about a minimum amount but they will be happy to advise you.



nurseawful



Joined: 06/02/2009
Posts: 5934

Message Posted:
17/12/2009 07:10

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Message 9 of 17 in Discussion

andyf

If you e-mail the branch manager Figen Kaymak she will advise you.



Her e-mail address is figen.kaymak@creditwestbank.com



Chris



CreditwestRep


Joined: 04/11/2008
Posts: 214

Message Posted:
17/12/2009 10:35

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Message 10 of 17 in Discussion

We are the first local bank in North Cyprus to obtain such a rating, which for us is an indication of how we fair internationally, aside from the state of the bank JCR (one of the largest rating companies) also takes into account the political situation which of course means the isolation and restrictions we are faced with, Banks from Turkey do not have the handicaps we have due to the Cyprus problem. For a local bank to be judged so highly shows our commitment to high standards and continually striving to provide better services for our customers in a warm and financially sound atmosphere.



CreditwestRep


Joined: 04/11/2008
Posts: 214

Message Posted:
17/12/2009 10:36

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Message 11 of 17 in Discussion

Andy just pop into Çatalköy with your passport and they will help you open your accounts.



Lazy days


Joined: 24/07/2008
Posts: 847

Message Posted:
17/12/2009 10:36

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Message 12 of 17 in Discussion

Theres no minimum amount as far as i know, but they do suggest that you open two accounts in Sterling or in TL one current A/C and one timed deposit A/C so that you can pay money in from the UK for example, you cant pay in to a timed deposit but can into a current one and then transfer the funds on the aniversary date to the timed one if that all makes sense

LOL

A



zcacmxi


Joined: 30/11/2008
Posts: 388

Message Posted:
17/12/2009 11:10

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Message 13 of 17 in Discussion

Msg 10;



It is HIGHLY commendable that Creditwest has gone through the procedure of getting rated by an agency. I am not aware of any other local banks in TRNC to have taken this step. 10/10 from me.



Brinsley


Joined: 04/04/2009
Posts: 6858

Message Posted:
17/12/2009 15:35

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Message 14 of 17 in Discussion

Still waiting for my Christmas hamper containing one can of beer from Credit West in lieu of their accounting errors incurred over the year!



Richard



tarry67


Joined: 16/05/2008
Posts: 1053

Message Posted:
17/12/2009 15:42

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Message 15 of 17 in Discussion

Any chance of giving some advise to Turk Bank as I waited over 45 mins to get served, as only one member of staff at the desk working, with the other six staff sitting around behind it trying to look busy.



nurseawful



Joined: 06/02/2009
Posts: 5934

Message Posted:
17/12/2009 16:02

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Message 16 of 17 in Discussion

tarry67,

My advise would be to change banks to Creditwestbank. We did and have never been in longer than 10mins.



Chris



andy-f


Joined: 03/05/2009
Posts: 1256

Message Posted:
17/12/2009 22:48

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Message 17 of 17 in Discussion

thanks all we will pop in and get account opened during our stay. .



regards andy



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