24 Jan 2014 17:21
UNOFFCIAL TRANSLATION
Report 3/2014: High level of Bank's ratings confirmed by Fitch Ratings
Management Board of Bank Polska Kasa Opieki S.A. ("Bank") informs that on 24th January 2014 rating agency Fitch Ratings ("Fitch") informed about affirming Bank's ratings at unchanged levels.
In the result ratings of Bank's financial credibility are as follows:
Long-term foreign currency IDR: 'A-'; Outlook: Stable
Short-term foreign currency IDR: 'F2';
Viability Rating: 'a-';
Support Rating: '2'.
In justification of these ratings among other it was stated that:
Bank Pekao S.A.'s ratings reflect the bank's stable and diversified funding base, ample capitalisation and strong franchise as well as consistency in conservative credit and market risk management.
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