Standard & Poor's confirms Banque Cantonale de Genève's A+/positive/A-1 rating

Geneva, 05.08.2020 – The rating agency Standard & Poor's (S&P) has just confirmed BCGE's A+/positive/A-1 rating. The A+ rating relates to long-term commitments, while the A-1 rating applies to short-term commitments. This independent rating reflects the bank's financial strength and confirms its leading position in the region.

The CEO Blaise Goetschin makes the following comments on the information: “This rating sends a strong and positive signal as to the Bank's resilience in terms of competitiveness and risk management in a severely deteriorated environment.”