Upgrade of key ratings for Bank Millennium and maintenance of positive outlook by Moody’s rating agency

Bank Millennium S.A’s (‘Bank’) Management Board informs that on April 10, 2025 Moody’s rating agency (‘Moody’s’) upgraded the Bank’s long- and short-term deposit ratings to Baa2/P-2 from Baa3/P-3 and maintained the positive outlook on the longterm deposit ratings.

Additionally, Moody’s upgraded the Bank’s Baseline Credit Assessment (BCA) to ba2 from ba3, its Adjusted BCA to ba1 from ba2, its junior senior unsecured (also referred to as “senior non-preferred”) bond and MTN programme ratings to Ba1 and (P)Ba1 respectively from Ba2/(P)Ba2, its long-term Counterparty Risk Ratings (CRR) to Baa1 from Baa2 and its long-term Counterparty Risk (CR) Assessment to Baa1(cr) from Baa2(cr). The Bank’s short-term CRRs and CR Assessment were affirmed at P-2 and P-2(cr).

More details are available at Moody’s website:

Moody's Ratings upgrades Bank Millennium S.A.'s long-term deposit ratings to Baa2, maintains positive outlook | Rating Action | Moody'sthe link opens in a new tab

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