Fitch has reaffirmed its rating at 'BBB-'; Outlook Stable

Fitch ratings

Banque de Commerce et de Placements SA – “BCP” is pleased to announce that Fitch has reaffirmed its rating at 'BBB-'; Outlook Stable.

According to the rating agency, “BCP’s ratings benefit from its longstanding expertise, a more conservative risk profile than trade-finance peers' and a consistent ability to adapt to changing market conditions”.

Find out more about BCP’s latest ratings and key rating drivers, amongst which “consistent strategy execution”, “conservative risk approach”, “satisfactory capitalization”, “better asset quality than peers”, “improved profitability”, as well as “stable funding” in Fitch Ratings’ rating action commentary: Fitch Affirms Banque de Commerce et de Placements' at 'BBB-'; Outlook Stable (fitchratings.com)