Ratings of Banque Pictet & Cie SA
Rating agencies play a key role in the world of international finance by enabling banking establishments and finance houses to evaluate the credit quality of debt issuers.
According to FitchRatings and Moody's Investors Service, two of the major international rating agencies, Pictet's ratings, shown below, are among the highest in the banking industry today.
|Short term||F1+||Prime-1||Highest credit quality|
|Long term||AA-||Aa2||Very high credit quality|
|Viability rating||aa-||n/a||Very high fundamental credit quality|
|Adjusted baseline credit assessment||n/a||a1||Strong intrinsic financial strength|
These ratings attest to Pictet's solidity and liquidity coverage, which among other factors are generated by an equity base and a pool of liquid assets significantly larger than that required by Swiss banking regulations, already some of the most stringent in the world.
Pictet also prides itself on the outstanding quality of its corporate governance and on its significant business diversification at Group level.