Fitch Upgrades Poland's ING Bank Slaski to 'A'; Outlook Stable

April 20, 2016 2:43 PM

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(The following statement was released by the rating agency) WARSAW/LONDON, April 20 (Fitch) Fitch Ratings has upgraded the Foreign-Currency Long-term Issuer Default Rating (IDR) of ING Bank Slaski to 'A' from 'A-', and affirmed its Support Rating at '1'.

The Outlook on the IDR is Stable. A full list of rating actions is at the end of this Rating Action Commentary. The upgrade of Bank Slaski's IDR reflects the upgrade of its parent, ING Bank N.V. (A+/Stable/a+) on 14 April (see "Fitch Upgrades ING Bank and ING Group to 'A+'; Outlook Stable" at

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