US meteorologists see a probability above 90% that the current El Niño becomes very strong, and 69% that it becomes historic. These events bring extreme weather across the globe, potentially disrupting a range of agricultural and industrial commodities and feeding through to inflation.
The risk could be compounded by the collapse in transits through the Strait of Hormuz, which is already disrupting critical production inputs. In such an environment, we believe enhancing portfolio diversification is key, particularly through alternative investments.
Banque de Commerce et de Placements SA (BCP) is pleased to announce that it has been assigned first-time Baa3/P-3 long-term and short-term deposit ratings by Moody’s, with a Stable Outlook.
2023 marks BCP’s 60th anniversary. On this special occasion, we would like to convey our sincere thanks to our valued clients and partners whose unwavering trust in our institution has been the lifeblood of our daily commitment.
