March 2017

EuroRating has revised the credit rating of the bank Alior Bank S.A. (Poland). The rating was affirmed at BB+ with a stable outlook.

EuroRating has revised the credit rating of the bank Santander Consumer Bank S.A. (Poland). The rating was affirmed at BBB- with a stable outlook.

EuroRating has revised the credit rating of the bank Bank Pocztowy S.A. (Poland). The rating was affirmed at BB+ with a stable outlook.

EuroRating has revised the credit rating of the guarantee fund Samorzadowy Fundusz Poreczen Kredytowych Sp. z o.o. with its registered office in Gostyn (Poland). The rating was affirmed at A- with a stable outlook.

EuroRating has revised the credit rating of the company Tauron Polska Energia S.A. (Poland). The rating was affirmed at BBB- with a stable outlook.

EuroRating has revised the credit rating of the company Eurocash S.A. (Poland). The rating was affirmed at B+ with a positive outlook.

EuroRating has revised the credit rating of the company Cyfrowy Polsat S.A. (Poland). The rating was upgraded from BB- to BB, the rating outlook was changed from positive to stable.

EuroRating has revised the credit rating of the company KGHM Polska Miedz S.A. (Poland). The rating was affirmed at BBB- with a negative outlook.

EuroRating has revised the credit rating of the bank PKO Bank Polski S.A. (Poland). The rating was affirmed at A- with a stable outlook.

EuroRating has assigned a B credit rating to the company Jastrzebska Spolka Weglowa S.A. (Poland). The rating outlook is stable.

EuroRating has assigned the credit rating for JSW S.A. due to an inclusion of the company by the Warsaw Stock Exchange after the session on 17 March 2017 in the blue chip stock index WIG20. The EuroRating credit rating agency conducts credit rating assessment of the Polish companies included in the WIG20 stock index since 2007. These credit ratings are unsolicited, assigned on the agency’s own initiative and the analytical proces is based on information publicly available.

EuroRating has revised the credit rating of the guarantee fund Slaski Regionalny Fundusz Poreczeniowy Sp. z o.o. with its registered office in Katowice (Poland). The rating was affirmed at BBB+ with a stable outlook.

EuroRating has terminated on 17 March 2017 conducting the credit risk assesment of the company Enea S.A. (Poland) and has withdrawed the unsolicited credit rating (BBB with a negative outlook) assigned to the company.

The termination of conducting the credit risk assessment of Enea S.A. is connected with a removal on 17 March 2017 of the company by the Warsaw Stock Exchange from the list of companies included in the blue chip stock index WIG20.

EuroRating has revised the credit rating of the bank Bank Millennium S.A. (Poland). The rating was affirmed at BB with a stable outlook.

EuroRating has revised the credit rating of the company Polska Grupa Energetyczna S.A. (Poland). The rating was affirmed at A- with a stable outlook.

EuroRating has revised the credit rating of the company Grupa Lotos S.A. (Poland). The rating was affirmed at BBB- with a stable outlook.

EuroRating has revised the credit rating of the guarantee fund Poznanski Fundusz Poreczen Kredytowych Sp. z o.o. with its registered office in Poznan (Poland). The rating was affirmed at BBB+ with a negative outlook.

EuroRating has revised the credit rating of the guarantee fund Warminsko-Mazurski Fundusz Poreczen Kredytowych Sp. z o.o. with its registered office in Dzialdowo (Poland). The rating was affirmed at A- with a stable outlook.

EuroRating has revised the credit rating of the company CCC S.A. (Poland). The rating was affirmed at BBB with a stable outlook.

EuroRating has revised the credit rating of the bank ING Bank Slaski S.A. (Poland). The rating was affirmed at BBB+ with a stable outlook.