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 ...

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.

Locked content Fitch: good prospects for Polish local governments

Fitch Ratings says in a new comment, that prospects for Polish local and regional governments are good for 2016-2017 as they are likely to post healthy operating performance, and pressure on debt increase should remain low due to economic growth Poland’s local and regional governments’ o...

Locked content Fitch affirms Poland’s rating

Fitch Ratings has affirmed Poland’s long-term foreign and local currency Issuer Default Ratings (IDRs) at ‘A-‘ and ‘A’, respectively. The Outlooks are Stable. The issue ratings on Poland’s senior unsecured foreign and local currency bonds have also been affirmed a...

Locked content Fitch affirms ENEA at ‘BBB’ on Bogdanka acquisition

Fitch Ratings has affirmed state-controled power company Enea’s Long-term foreign and local currency Issuer Default Ratings (IDRs) at ‘BBB’ and National Long-term rating at ‘A(pol)’ with Stable Outlooks, a press release read. The acquisition has officially been complete...

Locked content Fitch maintains Poland’s rating

Ratings agency Fitch has maintained Poland’s credit rating at A- for foreign currency bonds and A for złoty bonds with a stable outlook, the firm said in an announcement on Monday. “The A- rating reflects good macroeconomic results, including sound economic policies, good GDP growth and the st...

Locked content Fitch: Value of non-Treasury bonds up by 11.5%

The value of non-Treasury debt securities issued by banks, companies and units of local government reached PLN 140.42 billion, an increase of 11.5 percent year-on-year and and by 0.7 percent quarter-on-quarter in Q1 2015, according to Fitch Rating agency. The value of bonds maturing in more than 365...

Locked content Fitch upgrades Gdańsk rating

Fitch Ratings has upgraded the Polish City of Gdansk’s long term foreign and local currency IDR (Issuer Default Ratings) to A- from BBB+ and its national long-term rating to AA(pol) from AA-(pol). “The upgrade reflects Gdansk’s continued sound operating performance and prudent fina...