Fitch Ratings, the international rating agency, has today upgraded Denizbank's Long-term foreign and local currency ratings to 'BB- (BB minus)' from 'B+'. Additionally, the agency has upgraded the bank's Individual rating to 'C/D' from 'D'. Denizbank's Short-term foreign and local currency, Support and National ratings have been affirmed at 'B', '4' and 'A-(A minus)(tur)' respectively. The Outlook on all Long-term ratings is Stable.