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...

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 EuroRating downgrades Bank BPH’s rating

The international credit rating agency EuroRating has lowered the rating of Bank BPH by two degrees (from BB+ to BB-), the overlook remained negative. The reduction of the rating is connected with the takeover of an 87 percent stake in Bank BPH by Alior Bank, a statement read. In April, Alior Bank, ...

Locked content Moody’s changes PKO BP’s outlook to negative

Rating Agency Moody’s has today affirmed the A2/Prime-1 long and short-term deposit ratings of PKO Bank Polski (PKO BP). Moody’s has also revised the outlook on the long-term deposit ratings to negative from stable. According to the agency, the rating was revised mainly because of the go...

Locked content Polish Finance Minister comments on Moody’s decision

Polish Finance Minister Paweł Szałamacha has commented on rating agency Moody’s maintaining Poland’s long-term foreign debt grade at A2 and changing the outlook from stable to negative. “Moody’s rating for Poland is considered to be objective and acceptable. I would question ...

Locked content Wprost names 200 biggest Polish companies

PKN Orlen is the largest Polish company, according to new Wprost’s  rating edition of the 200 biggest Polish companies. The first two positions invariably belong to the fuel giant PKN Orlen (1st place) and oil & natural gas company PGNiG (2nd). Grupa Lotos ranked in 3rd place, replacing Po...

Locked content Coface affirms Poland at A3 rating

French credit insurance company Coface has maintained Poland’s rating at A3 level, unchanged since 2005, when it was increased from A4 level (in a seven-degree scale). The A3 rating indicates that companies do not always stick to deadlines, but the risk of insolvency is low, ISBnews reported. ...