London, 27 March 2014 -- Moody's affirmed Bank Polska Kasa Opieki S.A.'s (Pekao) A2/Prime-1 long and short-term deposit ratings and standalone bank financial strength rating (BFSR) of C- mapping to baseline credit assessment (BCA) of baa1. The long-term deposit ratings and the BFSR have a stable outlook. This action follows the affirmation of UniCredit SpA's senior debt and deposit ratings at Baa2 and the lowering of its BCA to ba1 from baa3, within the D+ BFSR category.

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