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Article: MOODY'S REVIEWS EIGHT BANKS IN POLAND FOR POSSIBLE DOWNGRADE

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Info-Prod Research (Middle East)
Article date:
May 26, 2009
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Moody's Investors Service has placed the ratings ofeight Polish banks on review for possible downgrade. The affectedentities are Powszechna Kasa Osczednosci Bank Polski , Bank Polska KasaOpieki, Bre Bank, Bre Bank Hipoteczny, Bank Zachodni WBK, BankGospodarki Zywnosciowej, Lukas Bank, Europejski Fundusz Leasingowy. Theoutlook for the long-term deposit ratings of ING Bank Slaski was changedto negative from stable. The deposit ratings of Bank Handlowy w Warszawie (A3/P-2/C-) and Bank Millennium (A3/P-2/D) were already placed on review for downgradefollowing rating actions on their parents in March and April 2009,respectively. All ratings of Bank BPH (Baa2/P-2/D-) remain on review forpossible ...

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