Contacts
	Address	01-211, Poland, Warszawa, ul. Kasprzaka 10/16
	Phone	+48 22 860-42-60
	Fax	+48 22 860-58-61
	Website	www.bgz.pl

Bank Gospodarki Żywnościowej S.A. located at Poland, Warszawa is a member of a banking group Rabobank (Netherlands). It is one of 681 credit institutions operating in Poland.

Bank Identifiers

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

BIC

BIC (Business Identifier Code) is a the mostly used international identifier of financial institutions. SWIFT is the registration authority for BICs. BICs are used in financial transactions, client and counterparty data bases, compliance documents and many others.

A BIC consists of eight or eleven characters, comprising a financial institution code (four characters), a country code (two characters), a location code (two characters) and, optionally, a branch code (three characters).

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.

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.

Bank Sort Code

Bank Sort Code is a code that uniquely identifies a financial institution within a country. Bank sort codes are usually assigned by National Central Banks and differ from BIC codes.

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, Bank Gospodarki Żywnościowej S.A. is rated by Moody's.

Credit ratings assigned to Bank Gospodarki Żywnościowej S.A. as of December 2014 are shown in details in the following sections.

Moody's

Long-term rating is for Bank Gospodarki Żywnościowej S.A. it is set to Baa3 (lower medium grade). Long-term bank deposit rating is Baa3 (lower medium grade). Bank financial strength rating is D (modest intrinsic financial strength). Short-term rating is not assigned.

Outlook for the ratings of Bank Gospodarki Żywnościowej S.A. is set to stable (not likely to change).

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 Bank Gospodarki Żywnościowej S.A. failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

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.

Related Information on Poland

Economy and Banking Sector of Poland

List of Banks in Poland