November 2018

EuroRating has revised the credit rating of the company Polska Grupa Energetyczna S.A. (Poland). The rating was affirmed at A-, the rating outlook was changed from stable to negative.

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 Tauron Polska Energia S.A. (Poland). The rating was affirmed at BBB- with a stable outlook.

EuroRating has revised the credit rating of the bank Santander Bank Polska S.A. (formerly: BZ WBK S.A.) (Poland). The rating was affirmed at BBB+ with a positive outlook.

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

EuroRating has revised the credit rating of the bank Getin Noble Bank S.A. (Poland). The rating was downgraded from B to B-. The rating outlook remained negative.

EuroRating terminates providing the credit rating for the bank Deutsche Bank Polska S.A. (Poland) and withdraws from the date of 14 November 2018 the unsolicited public credit rating for the bank (recently at BB+ with a negative outlook).

The reason for the termination of providing the credit rating for the bank Deutsche Bank Polska S.A. is a finalised division of the bank and a take over of its main operating activity by the bank Santander Bank Polska S.A.

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

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 PKN Orlen S.A. (Poland). The rating was affirmed at BBB with a stable outlook.

EuroRating has revised the credit rating of the company Grupa Lotos S.A. (Poland). The rating was affirmed at BBB-, the rating outlook was changed from stable to positive.

EuroRating has revised the credit rating of the bank Idea Bank S.A. (Poland). The rating was downgraded from BB- to B+. The rating outlook remained negative.

EuroRating has revised the credit rating of the company Orange Polska S.A. (Poland). The rating was affirmed at BB+ with a stable outlook.

EuroRating terminates providing the credit rating for the bank Raiffeisen Bank Polska S.A. (Poland) and withdraws from the date of 5 November 2018 the unsolicited public credit rating for the bank (recently at BBB- with a negative outlook).

The reason for the termination of providing the credit rating for the bank Raiffeisen Bank Polska S.A. is a finalised division of the bank and a take over of its main operating activity by the bank Bank BGZ BNP Paribas S.A.