Getin Noble Bank S.A.

Registration Name  Getin Noble Bank S.A.
Location  Poland, Warszawa

Bank Identifiers 
    MFI ID  PL00248
Credit Ratings (July 2014) 
    Fitch  BB (speculative)
    Moody's  Ba2 (non-investment grade speculative)
    S&P's  - (not rated)
Deposit Guarantee  Yes (up to 100 000 EUR per depositor)

Getin Noble Bank S.A. is located at Poland, Warszawa. It is one of 689 credit institutions operating in Poland.

Bank Identifiers

Any bank can be identified for different purposes and hence can have several different identifiers.

MFI ID

MFI ID (Monetary Financial Institution Identifier) is a code, unique to each institution in the MFI list provided by ECB (European Central Bank). MFI ID is hence applicable to MFIs resident in the European Union.

MFI ID  PL00248

The code is alphanumerical, with the first two digits representing the two-digit ISO code for the country of residence of the MFI and the remaining number of digits (no limit has been specified) is any combination of alphanumerical characters.

Credit Ratings

Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government.
Of the 'Big Three' rating agencies, Getin Noble Bank S.A. is rated by Fitch and Moody's.

Credit ratings assigned to Getin Noble Bank S.A. as of July 2014 are shown in details in the following sections.

Fitch

Long-term issuer default rating is Fitch's view of a credit institution’s relative vulnerability to default on its financial obligations, for Getin Noble Bank S.A. it is set to BB (speculative), outlook is stable (not likely to change). The rating is not on watch. Short-term issuer default rating for Getin Noble Bank S.A. is set to B (speculative short-term credit quality).

Long-Term Issuer Default Rating  BB
    Outlook  stable
    On Watch  No
Short-Term Issuer Default Rating  B
Viability Rating  bb
Support Rating  3
Support Rating Floor  BB

Viability rating for Getin Noble Bank S.A. is set to bb (speculative fundamental credit quality); support rating is 3 (moderate probability of support); support rating floor is BB (speculative).

Moody's

Long-term rating is for Getin Noble Bank S.A. it is set to Ba2 (non-investment grade speculative). Long-term bank deposit rating is Ba2 (non-investment grade speculative). Bank financial strength rating is D- (modest intrinsic financial strength). Short-term rating is not assigned.

Long-Term Rating  Ba2
Long-Term Bank Deposit Rating  Ba2
Bank Financial Strength Rating  D-
Short-Term Rating  -
Outlook  negative

Outlook for the ratings of Getin Noble Bank S.A. is set to negative (may be lowered).

Deposit Guarantee

Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.

All credit institutions operating in Poland are obliged to participate in Polish deposit guarantee scheme.

In the case of Getin Noble Bank S.A. failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Eligible Depositors  natural persons, legal entities
Covered Accounts  deposits in all the accounts (e.g. term deposits, current accounts, savings accounts)
Maximum Protected Amount  100 000 EUR
Paid In Currency  PLN

Further Information: Deposit Guarantee Scheme in Poland

ECB Minimum Reserves Requirements (MRR)

Minimum reserves is the minimum amount of reserves a credit institution is required to hold with a central bank.

Subject to MRR by ECB  No
Exempt from MRR by ECB  No

Contact Information


Primary Address  01-208, Warszawa, ul. Przyokopowa 33

Related Information on Poland

Economy and Banking Sector of Poland

List of Banks in Poland