Moody’s Investors Service (“Moody’s”) has today assigned Baa1 long-term and Prime-2 short-term local and foreign currency issuer ratings to ING Bank Hipoteczny S.A. (ING BH) a mortgage bank which is a fully owned subsidiary of the fifth largest bank in Poland, ING Bank Slaski S.A. (Deposits A2 stable, Baseline Credit Assessment baa2). Concurrently, the rating agency has assigned to the mortgage bank A2(cr) long-term and Prime-1(cr) short-term Counterparty Risk Assessments (CR Assessment) and A2 long-term and Prime-1 short-term Counterparty Risk Ratings (CRRs).
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