Current report No. 8/2020

15 Apr, 2020

Fitch Ratings affirms Santander Bank Polska IDR rating at BBB+ and changes the perspective to negative due to coronavirus outbreak

The Management Board of Santander Bank Polska S.A. hereby publishes the rating decision issued by Fitch Ratings Agency.

On 14th April 2020 Fitch Rating Agency changed the perspective of Santander Bank Polska S.A. Ratings Stable to Negative due to economic fallout from the coronavirus outbreak.

Fitch has affirmed Santander BP's IDR at ‘BBB+' and its VR at ‘bbb+'. The full Fitch Ratings publication for Polish banks is attached to this report.

 

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Legal basis:
article 17 (1) of Regulation No 596/2014 of the European Parliament and the Council of 16 April 2014 on market abuse (MAR) - inside information.

Santander Bank Polska S.A. with its registered office in Warsaw, al. Jana Pawła II 17, 00-854 Warszawa, registered by the District Court for the capital city of Warsaw, 12th Commercial Division, set up under regulation of the Council of Ministers of 11 April 1988 on setting up Bank Zachodni in Wrocław (Journal of Laws of 1 July 1988, No. 21, item 142), registered under KRS number 0000008723, REGON 930041341, NIP 896 000 56 73, share capital of PLN 1,020,883,050 paid-up in full. Helpline: 1 9999 – fee as per the operator’s tariff.

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