Fitch removes ING Bank Slaski from RWN

Fitch Ratings said it affirmed ING Bank Slaski's long-term issuer default rating at A+ and removed it from rating watch negative. Fitch assigned a negative outlook.

The resolution of the RWN reflects a similar rating action taken on the bank's parent ING Bank NV, the agency said.

“The outlook for the operating environment for Polish banks remains negative, reflecting downside risks to Fitch's baseline economic scenario and related profitability pressures for the sector,” the agency said in a press release.

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