November 2022

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 company KGHM Polska Miedz S.A. (Poland). The rating was affirmed at BBB- with a stable 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 revised the credit rating of the bank BNP Paribas Bank Polska S.A. (Poland). The rating was affirmed at BBB with a stable outlook.

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

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

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

EuroRating has revised the credit rating for the senior secured bonds issued by the company TVR Finance Ltd (United Kingdom). The rating was affirmed at BB- with a positive outlook.

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 assigned a BB credit rating to the company Kruk S.A. (Poland). The rating outlook is stable.

EuroRating has assigned the credit rating for Kruk S.A. (Poland) due to an inclusion of the company by the Warsaw Stock Exchange in the blue chip stock index WIG20. The EuroRating credit rating agency conducts credit rating assessment of the companies included in the WIG20 stock index since 2007.

EuroRating has revised the credit rating of the company Orange Polska 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 negative outlook.

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

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

EuroRating has revised the credit rating of the bank Bank Millennium S.A. (Poland). The rating was downgraded from BB to BB-, the rating outlook was affirmed negative.

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

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

EuroRating has revised the credit rating of the guarantee fund ZKL Invest Ltd (United Kingdom). The rating was affirmed at A- with a stable outlook.

EuroRating has terminated on 3 November 2022 conducting the credit risk assesment of the company PGNiG S.A. (Poland) and has withdrawed the unsolicited public credit rating for the issuer (recently at BBB+ with a stable outlook) assigned to the company.

The withdrawal of the credit rating for PGNiG S.A. (Poland) is connected with the finalization of its merger with PKN Orlen S.A. The merger of both companies was registered in the National Court Register on 2 November 2022.