Fitch: EU membership is a strong support for V4′ sovereign ratin...

Without the EU membership, V4 countries sovereign ratings would risk a drastic decline, Fitch ratings agency said in its report. “A deterioration in the relationship between the V4 and the EU could lead to negative pressures on the ratings in the medium to long term, depending primarily on its impac...

Locked content Poland needs belt-tightening past 2017 – Fitch

If Poland fails to tighten its fiscal policy after 2017, it could have negative consequences for the country’s rating, said Arnaud Louis, analyst at rating agency Fitch responsible for Poland. He added that the lower predictability of Polish politics could impact the country’s investment...
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Credit agency ratings ‘are bogus, nonsense’ – Kaczyński

The chairman of Poland’s ruling political party, PiS, has commented on the recent international credit agency ratings of Poland. While speaking in an interview with the television station TVP-3 on Sunday, Jarosław Kaczyński said that in some cases, the rating agency’s assessments were not fairly bas...
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Latest credit ratings for Poland stable – Fitch, Moody’s

Credit rating agency Fitch announced in a press release on Friday that it had maintained the same rating for Poland – that of “A negative” or A– , which is believed to be an indication that the agency views the country’s banking system as healthy and its macroeconomic situation as stable – for now. ...

Locked content Fitch affirms Poland’s rating at A-

Fitch Ratings has affirmed Poland’s Long-Term Foreign and Local Currency Issuer Default Ratings at ‘A-‘ and ‘A’, respectively. The Outlooks are Stable, the agency informed. Poland’s ‘A-‘ rating reflects its solid macro fundamentals, government debt clo...

Locked content Fitch revises down GDP forecast for Poland

Fitch Ratings said Poland’s GDP growth will remain strong, but it has revised down the forecast to 3.2 percent in 2016 from 3.5 percent following a weak Q1 (Eurostat said on Friday that the Polish economy contracted 0.1 percent q/q). Fitch forecasts GDP growth at 3.5 percent in 2017 and 2018 a...

Locked content Fitch: Value of non-Treasury bonds up by 4.4%

The value of non-Treasury debt securities issued by banks, companies and units of local government reached PLN 146.66 billion, an increase of 4.4 percent year-on-year and and by 0.1 percent quarter-on-quarter in Q1 2016, according to Fitch Rating agency. The value of bonds maturing in more than 365 ...

Locked content Fitch Upgrades Poland’s ING Bank Śląski to ‘A’

Fitch Ratings has upgraded the Foreign-Currency Long-term Issuer Default Rating (IDR) of ING Bank Śląski to ‘A’ from ‘A-‘, and affirmed its Support Rating at ‘1’. The Outlook on the IDR is Stable. The upgrade of Bank Slaski’s IDR reflects the upgrade of its ...

Locked content Fitch maintains Alior Bank’s rating

Rating agency Fitch has maintaned Alior Bank’s long-term rating at BB level with a stable outlook after the acquisition of Bank BPH. The viability rating is also at BB level. Earlier, Alior Bank, a unit of state-owned insurer PZU, signed a deal to buy a 87.23 percent stake in Bank BPH for PLN ...
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Fitch: Poland would benefit least from euro adoption

Fitch Ratings says in a new report that euro adoption in non-euro central and eastern Europe (CEE) countries would be neutral to positive on sovereign creditworthiness, with foreign currency ratings likely to be upgraded by up to one notch, or two in exceptional cases.