Principles of Communication Policy
Principles of Communication Policy followed by Bank BPH on the capital market
In order to meet the challenges faced by a public company listed on the WSE, specific communication principles have to be followed by Bank BPH in relations with the capital market institutions listed below:
- Regulatory, supervisory bodies and market organisers (the Polish Financial Supervision Authority [KNF], the Warsaw Stock Exchange [GPW]),
- Investors (investment banks, mutual funds, brokerage houses and other institutional as well as private investors),
- Rating agencies assigning ratings at the Bank's request and also based on publicly available information.
The communication is based on the following principles:
- Transparency: Bank BPH provides all the information as required by law in the form of announcements and periodic reports. At the Bank's request, international rating agencies assign independent financial strength, short-term and long-term credit ratings;
- Fairness: answers to each and every question put by the investor are provided based on the financial information which has been made available to the public or on a quality assessment if the information has not been published in the form of an announcement or periodic report;
- Equal access: all the investors receive the same information and they all have equal access to such information;
- Reliability: fair communication of events affecting the price of the Bank's shares is necessary; in addition, the Management Board members should attend in person major conferences and meetings with investors (and/or analysts) whenever it is most desirable;
- High quality: the highest substantive quality of the information as well as forms of communication and presentation is assured;
- Co-ordination: communication with investors is based on an annual plan being a part of an internally agreed overall communication plan adopted by Bank BPH.
