Standard & Poor’s confirms the Bank’s rating of AA-/A-1+/Stable

The rating agency Standard & Poor’s has confirmed Banque Cantonale de Genève’s credit rating of AA-/A-1+/Stable. The AA- rating relates to long-term commitments, while the A-1+ rating applies to short-term commitments.

The CEO of BCGE, Blaise Goetschin, had the following to say about the news: “In the current environment, the confirmation of this rating by an independent body is a strong indication of the Bank’s solidity and the relevance of its business model.”