Getin Noble Bank (GNB)

1.39PLN
-1.42% 17:00

Current report 17/2015

20.05.2015

INFORMATION ON GETIN NOBLE BANK S.A. RATING

Getin Noble Bank S.A. („Issuer”) hereby informs that on 19 May 2015 Fitch Ratings Londyn/Warszawa („Agency”) published information on Getin Noble Bank S.A. rating.

The Agency informed on the reduction of the Support Rating from „3” to „5” and on the changes to the minimum level of Support Rating Floor from “BB” to “No Floor”.

The above changes does not have influence on other ratings of the Bank. The Issuer default rating (“IDR”) remained unaffected.

The rating actions are in conjunction with Fitch's review of sovereign support for banks globally, which the agency announced in March 2014. Fitch Ratings believes legislative, regulatory and policy initiatives have substantially reduced the likelihood of sovereign support for US, Swiss and European Union commercial banks.

To the best of the Issuer’s knowledge, the above actions are not connected with the current financial situation of the Bank.

Legal basis: Art. 56 (1)(2a) of the Act on public offering and conditions of introducing financial instruments to organized trading system and on public companies (Journal of Laws of 2005 No. 184, item 1539, later amended) in connection with § 5(1)(26) of the of the Minister of Finance Regulation of 19 February 2009 on current and periodic reporting by issuers of securities and the rules of equal treatment of the information required by the laws of non-member states (Journal of Laws of 2009 No. 33, item 259 with later amendments).