20 Jan 2016 08:42
20.01.2016 - Report 1/2016: Confirmed Bank's ratings by Standard & Poor's |
UNOFFICIAL TRANSLATION
Management Board of Bank Polska Kasa Opieki Spółka Akcyjna ("Bank") informs that on 19th of January 2016 rating agency Standard & Poor's Ratings Services ("Standard & Poor's") confirmed Bank's ratings at unchanged levels.
In the result, Bank's ratings are as follows:
long-term credit rating: 'BBB+'
short-term rating: 'A-2'
outlook: 'negative'
stand-alone rating: 'bbb+'
The affirmation reflects Standard & Poor's' assessment that Pekao's creditworthiness is unchanged following the downgrade of Poland.
Legal basis: Section 5 subsection 1 clause 26 Finance Minister's Ordinance of 19 February 2009 re. current and periodic reports published by the issuers of securities and the rules of equal treatment of the information required by the laws of non-member states