Bank Millennium ratings

On 8 June 2018 Fitch confirmed the Bank’s rating at BBB-/F3/bbb- (pol) with a stable outlook.

On 17 October 2018 Moody’s raised the Bank’s ratings by one notch:

• Long and short-term deposit rating both in the local currency as well as in foreign currency to Baa2/Prime-2 from Baa3/Prime-3.
• baseline credit assessment (BCA) and adjusted BCA ratings were raised to ba1 from ba2
• Counterparty Risk Assessments (CR Assessment) was raised to Baa1(cr) from Baa2(cr) and Counterparty Risk Rating (CRR) to Baa1 from Baa2

At the same time Moody’s confirmed short-term CR Assessment rating at Prime-2(cr) and short-term CRR at Prime-2.

The outlook for the Bank’s long-term deposit rating from Moody’s remains positive.