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EMEA ratings roundup, Oct. 17

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EMEA ratings roundup, Oct. 17

S&P Global Market Intelligence presents a daily summary of ratings actions on European, Middle Eastern and African financial institutions and economies.

EUROPE

* Moody's affirmed BNP Paribas SA unit BNP Paribas Bank Polska SA's long-term deposit ratings at Baa1 and revised the outlook to positive from stable. The rating agency upgraded the Polish lender's baseline credit assessment to "ba1" from "ba2" and affirmed its Prime-2 short-term deposit ratings, "baa3" adjusted baseline credit assessment, A3/Prime-2 long- and short-term counterparty risk ratings and A3(cr)/Prime-2(cr) long- and short-term counterparty risk assessments.

* S&P Global Ratings affirmed the long- and short-term issuer credit ratings of France-based banking group Société Générale SA and its core banking units at A/A-1. The rating agency also affirmed the long- and short-term resolution counterparty ratings of some of the group entities at A+/A-1. The outlook on all core units is positive.

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