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IIRA has also assigned its National scale ratings of A (jd) and A-1 (jd) to long term and short term obligations of JIB.
The agency said that it has assigned its international scale ratings of BB+/ A-3/ Stable for foreign currency long term and short term obligations and BBB-/ A-3/ Stable for the local currency long term and short term obligations of Kuwait Turkish Participation Bank.
The draft text agreed by the EU for Turkey's Accession Partnership includes a reference to Turkey's short term obligations in the Chapter on "Short-term commitments" and "Reinforced political dialogue and political criteria", which stipulates that Ankara "must, as part of its political dialogue with the EU during 2001, reinforce the efforts of the UN Secretary-General with a view to settling the Cyprus question".
Out of the total amount of liabilities, Rp 14.5 trillion were in short term obligations and Rp 5.3 trillion were in long term liabilities.
The IFSB will focus on the liquidity coverage ratio of Basel III, which measures the amount of highly liquid assets held by banks that can help meet short term obligations.

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