Bulletin: Poland Banking Industry Country Risk Assessment Unchanged On Evolving Industry Risks; No Ratings Affected - S&P Global Ratings’ Credit Research

Bulletin: Poland Banking Industry Country Risk Assessment Unchanged On Evolving Industry Risks; No Ratings Affected

Bulletin: Poland Banking Industry Country Risk Assessment Unchanged On Evolving Industry Risks; No Ratings Affected - S&P Global Ratings’ Credit Research
Bulletin: Poland Banking Industry Country Risk Assessment Unchanged On Evolving Industry Risks; No Ratings Affected
Published Jun 07, 2022
4 pages (1802 words) — Published Jun 07, 2022
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About This Report

  
Abstract:

FRANKFURT (S&P Global Ratings) June 7, 2022--Following a recent review of the Banking Industry Country Risk Assessment (BICRA) for Poland amid an evolving landscape, S&P Global Ratings' group classification, economic risk score, and industry risk score are unchanged at '4', '4', and '5' respectively. In addition, we continue to see a stable economic risk trend and a negative industry risk trend. No ratings were affected by this review and the anchor for banks operating only in Poland (A-/Stable/A-2) remains 'bbb'. This adds to the looming problem of Swiss-franc-denominated retail mortgages for large parts of the Polish banking system, which creates legal risks for many banks. Depending on the number of legal cases and individual court rulings, further provisions might be

  
Brief Excerpt:

...Bulletin: Poland Banking Industry Country Risk Assessment Unchanged On Evolving Industry Risks; No Ratings Affected...

  
Report Type:

Bulletin

Ticker
BRE@PW
Issuer
mBank S.A.
GICS
Diversified Banks (40101010)
Sector
Global Issuers, Structured Finance
Country
Poland
Region
Europe, Middle East, Africa
Format:
PDF Adobe Acrobat
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Bulletin: Poland Banking Industry Country Risk Assessment Unchanged On Evolving Industry Risks; No Ratings Affected" Jun 07, 2022. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-Poland-Banking-Industry-Country-Risk-Assessment-Unchanged-On-Evolving-Industry-Risks-No-Ratings-Affected-2850045>
  
APA:
S&P Global Ratings’ Credit Research. (). Bulletin: Poland Banking Industry Country Risk Assessment Unchanged On Evolving Industry Risks; No Ratings Affected Jun 07, 2022. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-Poland-Banking-Industry-Country-Risk-Assessment-Unchanged-On-Evolving-Industry-Risks-No-Ratings-Affected-2850045>
  
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