Legal basis: Paragraph 5.1.26 of the Ordinance of the Minister of Finance of 19 February 2009 on current and periodic information published by issuers of securities and the conditions for regarding information required by the law of a non-member state as equivalent. The report: The Management Board of Powszechna Kasa Oszczędności Bank Polski Spółka Akcyjna (“Bank”) hereby informs that the rating agency, Standard and Poor’s, granted on 8th May 2012 its rating for Bank, done for Bank’s order. Standard and Poor’s assigned:
- long-term counterparty credit rating to Bank of “A-“ with stable outlook (on a scale of marks from the best: AAA, AA, A, BBB, BB, B, CCC, CC, R, SD, D; with a possibility of adding a plus (+) or minus (-) to the marks from AA to CCC to show relative standing within the major rating categories)
- short-term counterparty credit rating to Bank of “A-2“ with stable outlook (on a scale of marks from the best: A-1, A-2, A-3, B, B-1, B-2, B-3, C, R, SD, D)