2019 Financial
and Social Report

Bank Millennium ratings

On 2 April 2019 Moody’s rating agency increased the Bank’s long-term deposit rating to Baa1 from Baa2.

At the same time the baseline credit assessment (BCA) and adjusted BCA have been increased to baa3 from ba1, long term Counterparty Risk Assessment (CR Assessment) has been increased to A3(cr) from Baa1(cr) and long-term Counterparty Risk Ratings (CRRs) to A3 from Baa1.

At the same the outlook of long-term deposit ratings was changed from positive to stable. On 15 October 2019 Fitch sustained Bank Millennium’s long-term rating at BBB- and Viability Rating (VR) at bbb-. The rating outlook remained stable.

Ratings of the Bank as on 31 December 2019 are presented in the table below:

Long-term deposit rating/IDR Baa1 (stable outlook) BBB- (stable outlook)
National long-term IDR A(pol) (stable outlook)
Short-term deposit rating Prime-2 F-3
Viability / standalone BCA rating baa3 bbb-
Counterparty Risk Rating (CRR) A3/Prime-2
Support Rating 4

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