12.08.2016, 17:26
Fitch Affirms Bank Pekao's Support Rating at '2'
OREANDA-NEWS. Fitch Ratings has affirmed Poland-based Bank Pekao SA's (Pekao) Support Rating at '2'. The Issuer Default Ratings, which are driven by the bank's standalone credit profile, and the Viability Rating (VR) are unaffected by this rating action.
The affirmation of the Support Rating of Pekao follows the recent sale of a 10% stake in the bank by its parent UniCredit SpA (UC, BBB+ /Negative/bbb+).
The affirmation of the Support Rating of Pekao follows the recent sale of a 10% stake in the bank by its parent UniCredit SpA (UC, BBB+ /Negative/bbb+).
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