...Moderate Franchise, Higher Risk Appetite: Alior Bank S.A.'s ratings reflect its moderate franchise and appetite for higher-risk business segments, including consumer lending and small and medium-sized enterprises (SMEs), and lower earnings diversification than higher- rated peers. This makes the bank more vulnerable to adverse changes in business and economic conditions. The ratings also consider Alior's adequate capital buffers and improved ability to sustainably generate capital internally, and a generally stable funding and liquidity profile. Alior's National Ratings reflect the bank's creditworthiness relative to Polish peers. Retail Focused, Medium-size Bank: Alior is a second-tier bank in Poland, focused on the retail mass market and small and medium-sized enterprise segments. Its pricing power and customer relationships remain weaker than those of larger, well-established and higher-rated domestic banks. Alior's strategic focus is on strengthening relationship banking to improve...
