Fitch upgraded Alior Bank to BBB- and Alior Bank stock costs EUR 29.93

Published on 10/12/2026 at 10:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fitch lifted the rating from BB+ to BBB- on September 30, 2026. Alior Bank stock costs EUR 29.93 on October 12, 2026 with PLN 17.1 billion market value.

Key points in brief

Fitch upgraded Alior Bank's long-term rating from BB+ to BBB- on September 30, 2026.
Alior Bank approved senior eurobonds with a maximum nominal value of EUR 500.0 million on September 29, 2026.
Alior Bank stock was at EUR 29.93 at Lang & Schwarz on October 12, 2026 at 10:37 a.m. CEST.
The bank reported PLN 769.8 million of net income in the first half of 2026, down 31.10 percent year over year.

Alior Bank, PLALIOR00045, Illustration mit AI erstellt.

Alior Bank stock (ISIN PLALIOR00045) was at EUR 29.93 at Lang & Schwarz on October 12, 2026 at 10:37 a.m. CEST. The key recent development was Fitch's upgrade of the bank's long-term rating from BB+ to BBB- on September 30, 2026, according to Bankier.pl.

Rating reaches investment grade

Fitch also raised the short-term rating from B to F3 and kept a stable outlook for the long-term issuer rating. The agency cited progress in rebalancing the business mix, addressing legacy issues and improving asset quality, while also pointing to capital generation as a support for growth.

Funding plan reaches EUR 500 million

On September 29, 2026, Alior Bank's management board approved senior eurobonds with a maximum nominal value of EUR 500.0 million. The bonds will be denominated in euros, and the final amount will depend on investor demand, according to Bankier.pl. The funding decision gives the rating upgrade a concrete capital-markets context, but it remains an approval rather than a completed bond placement.

What does the rating change mean for funding?

The first-half figures show why funding quality matters. Alior Bank reported PLN 2.864 billion of revenue and PLN 769.816 million of net income in the first half of 2026, while net income was down 31.10 percent year over year, according to Stockd.pl. The combination of lower earnings and a higher credit rating makes the cost and timing of any eurobond placement the next measurable test.

Three dated milestones

On September 17, 2026, Alior Bank called an extraordinary general meeting for October 20, 2026 at 10:00 a.m., according to Bankier.pl. On September 29, the bank approved eurobonds of up to EUR 500.0 million. On September 30, Fitch raised the long-term rating from BB+ to BBB-.

Next dates for shareholders

The next scheduled events are the extraordinary general meeting on October 20, 2026 and the publication of the consolidated quarterly report for the third quarter of 2026 on October 27, 2026, as listed on Alior Bank.

Stock price and market value

Alior Bank's market capitalization was PLN 17.1 billion as of October 12, 2026. The current euro indication places the stock at EUR 29.93 at Lang & Schwarz on October 12, 2026 at 10:37 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Alior Bank stock.