NOVA KREDITNA BANK MARIBOR D.D. - Fitch downgraded the ratings of Nova KBM (20/2011)
NOVA KREDITNA BANK MARIBOR D.D. - Fitch downgraded the ratings of Nova KBM (20/2011)
30.09.2011 08:41
| | POLISH FINANCIAL SUPERVISION AUTHORITY | | | | | | | | | | |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| | | | | UNI - EN REPORT No | 20 | / | 2011 | | | | |
| | Date of issue: | 2011-09-30 | | | | | | | | | |
| | Short name of the issuer | | | | | | | | | | |
| | NOVA KREDITNA BANK MARIBOR D.D. | | | | | | | | | | |
| | Subject | | | | | | | | | | |
| | Fitch downgraded the ratings of Nova KBM | | | | | | | | | | |
| | Official market - legal basis | | | | | | | | | | |
| | Unofficial market - legal basis | | | | | | | | | | |
| | Contents of the report: | | | | | | | | | | |
| | In compliance with the Ljubljana Stock Exchange Rules and the Financial Instruments Market Act, Nova KBM d.d., Maribor, makes the following announcement: Fitch, one of the leading global rating agencies, changed the Rating of Nova KBM d.d. from BBB+ for long term issuer default rating to BBB. The rating F2 for short term risk was changed to F3. The outlook remains stable. The downgrades of the IDRs and Support Rating Floor of NKBM (to ?BBB? from ?BBB+?) reflects downgrade of the Slovenian sovereign rating to ?AA-? with a Negative Outlook. The list of rating actions is as follows: Long-term foreign currency IDR: downgraded to 'BBB' from 'BBB+', Stable Outlook Short-term foreign currency IDR: downgraded to 'F3' from ?F2? Support Rating: affirmed at '2' Support Rating Floor: downgraded to 'BBB' from 'BBB+' Viability Rating downgraded to ?bb? from ?bb+? Individual Rating: affirmed at 'C/D' Hybrid capital instrument: downgraded to 'B+' from 'BB-' This announcement will be available on the Bank's website
(www.nkbm.si) from 30 September 2011 onwards. | | | | | | | | | | |
| | Annexes | | | | | | | | | | |
| | File | Description | | | | | | | | | |
REPORT
INFORMATION ABOUT THE ENTITY
SIGNATURE OF PERSONS REPRESENTING THE COMPANY
| | | NOVA KREDITNA BANKA MARIBOR D.D. | | | | | |
| --- | --- | --- | --- | --- | --- | --- | --- |
| | | (fullname of the issuer) | | | | | |
| | | NOVA KREDITNA BANK MARIBOR D.D. | | Banki (ban) | | | |
| | | (short name of the issuer) | | (sector according to clasification of the WSE in Warsow) | | | |
| | | 2505 | | Maribor | | | |
| | | (post code) | | (city) | | | |
| | | Vita Kraigherja | | 4 | | | |
| | | (street) | | (number) | | | |
| | | +386 2 229 22 90 | | +386 2 229 43 33 | | | |
| | | (phone number) | | | (fax) | | |
| | | (e-mail) | | | (web site) | | |
| | | SI94314527 | | 586058000 | | | |
| | | (NIP)
| | | (REGON) | | |
REPORT
INFORMATION ABOUT THE ENTITY
SIGNATURE OF PERSONS REPRESENTING THE COMPANY
SIGNATURE OF PERSONS REPRESENTING THE COMPANY | |||||
---|---|---|---|---|---|
Date | Name | Position / Function | Signature | ||
2011-09-30 | Matjaž Kovačič | President of the management board |
REPORT
INFORMATION ABOUT THE ENTITY
SIGNATURE OF PERSONS REPRESENTING THE COMPANY