Fitch: Passing of Polish Pension Reform Bill Is Positive

Fitch Ratings-London-15 May 2012: The successful passage of pension legislation through the Polish parliament is positive for the country, both because of the long-term contribution that pension reform can make to fiscal consolidation, and as an indication of the broad political consensus in support of structural and fiscal reform, Fitch Ratings says.

Fitch potwierdza rating Banku Gospodarstwa Krajowego na poziomie 'A-'; Perspektywa stabilna

Fitch Ratings-London/Warsaw-27 April 2012: Fitch Ratings has affirmed Poland-based Bank Gospodarstwa Krajowego's (BGK) Long-term Issuer Default Rating (IDR) of 'A-' with Stable Outlook. Fitch has also assigned BGK a National Long-term rating of 'AAA(pol)' with Stable Outlook. Fitch has not assigned a Viability Rating to BGK given the bank's policy role and limited scope of purely commercial activities. A full list of rating actions is at the end of this release.