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Poland: Standard & Poor´s Upgrades Banking Industry
The U.S. rating agency upgrades the banking sector´s risk score.
Poland: Standard & Poor´s Upgrades Banking Industry / Picture: © Flickr
In its Banking Industry Country Risk Assessment (BICRA), S&P increased the risk score to “5” from “6”. This would be due to the improved regulatory and supervisory framework. S&P underlined that the protective regulations in recent years became effective. Also the limited dividend distribution would be favorable for the equity base, S&P said.
Despite the…
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