Polish banks likely to retain current ratings in 2014 - S&P
March 4, 2014
Polish banks, alongside the Czech and Slovak peers, will likely manage to maintain their financial performance and credit ratings in 2014, while banks in Slovenia, Hungary, Bulgaria, and Croatia may face rating downside, Standard & Poor's said in a press release on its latest report on region's banks.
"Banks in the Czech Republic, Poland, and Slovakia will likely be able to maintain their creditworthiness and financial performance in 2014, and therefore their current ratings," Standard & Poor's credit analyst Michal Gur Kagan was cited in the press release.
"Those in Slovenia, Hungary, Bulgaria, and Croatia are likely to continue facing difficulties owing to their weaker asset quality and earnings, which could have a negative impact on their ratings," he added.