Dolnoslaski Fundusz Gospodarczy – Ratings Affirmed

28 August 2026

Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed the Long- and Short-Term Ratings of Dolnoslaski Fundusz Gospodarczy Sp. z.o.o. (DFG or the Fund) on the Poland National Scale at ‘plA+’ and ‘plA1’, respectively. The Outlook for the LT NR remains Stable.

DFG’s rating is supported by stable, equity-based funding and robust liquidity, with liquid assets covering 57% of gross guarantees, ensuring high capacity to meet guarantee calls. Strong capitalisation and extensive re-guarantee coverage, as reflected in a favourable net guarantee leverage ratio (NGLR), provide a substantial buffer against potential losses. This loss-absorption capacity is further reinforced by solid provisioning for non-performing assets (NPAs). Additionally, DFG’s public mandate and access to government-backed re-guarantee schemes enable the Fund to offer commission-free loan guarantees to SMEs in its home region. While this pricing strategy…