law, the Capital Market Supervisory Board hereby issues the following regulations: Clause 1. In this Notification and the forms attached hereto: (1) “sukuk” means any financial instrument which contains

liquid capital rule applicable to securities company for the purpose of ensuring confidence in trading system. The rationale for the new requirement is that obligation to make delivery of or payment

Long-term Deposit Baa1 Baa1 Baa1 Short-term Deposit P-2 P-2 P-2 Senior Unsecured Debt Instrument Baa1 Baa1 Baa1 Subordinated Debt Instrument Baa3 Baa3 Baa3 Financial Strength (BCA) baa2 baa2 baa2 Outlook

embedded derivatives; (7) investment units or investment unit warrant of fixed income mutual fund or other mutual funds with a policy to invest in debt instrument or cash deposit. In this regard, in case of

Agency * June 30, 2018 March 31, 2018 December 31, 2017 Moody’s Investors Service Long-term Deposit Baa1 Baa1 Baa1 Short-term Deposit P-2 P-2 P-2 Senior Unsecured Debt Instrument Baa1 Baa1 Baa1

July 2019, Moody’s Investors Service upgraded the Bank’s subordinated debt instrument rating to Baa2 from Baa3 and the Bank's Baseline Credit Assessment (BCA) to baa1 from baa2 and changed the outlook to

on or after 1 January 2020: Classification of financial assets Financial assets - Debt instrument The Bank has classified its financial assets - debt instrument as subsequently measured at either

institutions and debt instrument issuance as its funding sources for making advanced payments and purchase deposits. The value of such transactions has increased significantly from 2015 by a 58 percent increase

Service Long-term Deposit Baa1 Baa1 Baa1 Short-term Deposit P-2 P-2 P-2 Senior Unsecured Debt Instrument Baa1 Baa1 Baa1 Subordinated Debt Instrument Baa3 Baa3 Baa3 Financial Strength (BCA) baa2 baa2 baa2

ratings are as follows: Credit Rating Agency /1 June 2020 March 2020 December 2019 Moody’s Investors Service Long-term Deposit Baa1 Baa1 Baa1 Short-term Deposit P-2 P-2 P-2 Senior Unsecured Debt Instrument