Both ratings have been raised, whereas the AA- rating relates to long-term commitments, while the A-1+ rating applies to short-term commitments. The mention "stable" refers to the bank's outlook.

The bank's CEO, Blaise Goetschin, says the following on the subject: "This rating by an independent institution is proof of the bank's improved results over the past years, the resilience of its business model during the health crisis and its promising development prospects."

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BCGE - Banque Cantonale de Genève published this content on 04 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 November 2021 12:34:06 UTC.