July 24: Fitch reaffirms BCP at 'BBB-'; Outlook Stable
Fitch ratings
Banque de Commerce et de Placements SA (BCP) is pleased to report that Fitch has reaffirmed its rating at 'BBB-' with a Stable Outlook.
According to Fitch Ratings, "The bank has demonstrated sound execution and effective risk management over a long period as it successfully managed through economic cycles and changing operating conditions (...)."
For more information about BCP’s latest rating and key rating drivers, including its established franchise and sound execution, conservative risk approach, better asset quality than peers, sound profitability, comfortable capital buffers, as well as strong liquidity buffer, please refer to Fitch Ratings’ rating action commentary: Fitch Affirms BCP at 'BBB-'; Outlook Stable (fitchratings.com)
