14.12.2012 04:00:00

Bank Millennium S.A. -- Moody's downgrades Bank Millennium Following a Similar Rating Action on the Portuguese parent

London, 14 December 2012 -- Moody's Investors Service has today downgraded Polish Bank Millennium's (BM) long- term bank deposit rating by two notches to Ba2 from Baa3 and the standalone bank financial strength rating (BFSR) to E+ (mapping to b1 on the long-term scale) from D/(ba2). Short-term bank deposit rating was also downgraded to non-Prime from Prime-3.

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