BANQUE CANTONALE DE GENÈVE SA The Banque Cantonale de Genève has just successfully issued a new bond on the Swiss market. This loan enables the bank to complete its long-term refinancing and to support the growth of financing for companies and individuals. This also increases the bank's margin of safety with regard to the liquidity ratio requirements of Basel III.
The quick and successful placement of this issue reflects the investors' confidence in the institution and confirms its excellent reputation as an issuer. BCGE is currently rated AA-/A-1+/Stable by Standard & Poor's.
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BCGE - Banque Cantonale de Genève published this content on 29 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 December 2022 00:13:04 UTC.
