Fitch Affirms Bank Gospodarstwa Krajowego at 'A-'; Outlook Stable
(The following statement was released by the rating agency)
WARSAW/LONDON/MOSCOW, February 21 (Fitch) Fitch Ratings has
Poland-based Bank Gospodarstwa Krajowego's (BGK) Long-Term
Issuer Default Rating (IDR) at 'A-' with Stable Outlook. A full
list of ratings
actions is provided at the end of this commentary.
Fitch does not assign a Viability Rating to BGK as its business
model is highly
dependent on support from the state.
KEY RATING DRIVERS
IDRS, SENIOR DEBT, SUPP