Polska Agencja Ratingowa S.A. (PAR) is a credit rating agency established in 2017 on the initiative of the Warsaw Stock Exchange (GPW), the Polish Development Fund (PFR), and the Credit Information Bureau (BIK). Its mission is to provide reliable and independent credit risk assessment services for the Polish financial market, catering to enterprises, local government units, and other entities seeking to raise capital. PAR is registered with the European Securities and Markets Authority (ESMA), allowing its ratings to be used for regulatory purposes throughout the European Union.

Founded in

Poland