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26 stycznia 2016
Fitch Ratings has affirmed Polish City of Katowice at 'A-'
Fitch Ratings has affirmed the Polish City of Katowice's Long-term foreign and local currency Issuer Default Ratings (IDR) at 'A-'. Fitch has also affirmed the city's National Long-term rating at 'AA+(pol)'. The Outlooks are Stable.

​Fitch Ratings has affirmed the Polish City of Katowice's Long-term foreign and local currency Issuer Default Ratings (IDR) at 'A-'. Fitch has also affirmed the city's National Long-term rating at 'AA+(pol)'. The Outlooks are Stable.

  • It is very good news for Katowice. The assessment provided by independent experts affirms credibility of the Silesian Voivodeship capital – says Marcin Krupa, the President – I am happy that the city has scored well in terms of the unemployment rate of 3,9% (at the end of November 2015), which was extremely low, or of transparency in its operations, which is supported by the publication of long-term financial projections.

  • The rating affirmation reflects Katowice's sound operating performance, which we expect will be maintained in the medium term […]. Katowice performs its tasks within a predictable regulatory regime. The region is transparent in its operations, which is supported by the publication of long-term financial projections and regular disclosure of annual accounts. - reads the Fitch report.

  • Maintaining its credit rating unchanged is of particular importance for the City which is perceived as a credible and reliable partner. In this way,we can obtain a cheaper demand loan for which the city's good reputation, expressed in ratings, is the only safeguard. Thinking seriously about the City development, we must always bear in mind the necessity to maintain high ratings as it is the only condition to achieve financial and promotional development. - says Danuta Kamińska, the Treasurer of Katowice City

Katowice_komunikat opublikowany_angielski_2016-01-22 (1).pdf