PKO Bank Polski – Ratings Affirmed with a Stable Outlook
Content is restricted
Summary
Ref: PL0 13 2 1 CRA00- 0 1 27 April 2022
PKO Bank Polski – Ratings Affirmed with a Stable Outlook
Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed the Long-Term Foreign Currency Rating ( LT FCR ) and Short-Term Foreign Currency Rating ( ST FCR ) of PKO Bank Polski (PKO) at ‘A-’ and ‘A2’, respectively. The Outlook for the LT FCR remains Stable. At the same time, CI Ratings has affirmed PKO’s Bank Standalone Rating ( BSR ) of ‘a-’ with a Stable Outlook, and Core Financial Strength ( CFS ) rating of ‘a-’.
The Bank’s BSR is derived from a very strong CFS of ‘a-’ and a sound Operating Environment Risk Anchor ( OPERA ) of ‘bbb+’, which indicates modest risk. OPERA reflects the economy’s sound economic strength, moderate external vulnerabilities, and high monetary policy flexibility. CI regards the institutional quality only as moderate and…