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.

Moody's   Fitch  
Long Term Deposit Rating
 
Aa2 Long Term Issuer Default Rating AA-
Short Term Deposit Rating P-1  Short Term Issuer Default Rating F1+ 
Adjusted Baseline Credit Assessment a1 Viability Rating aa- 
Outlook Stable Outlook Stable

Comments

  • Fitch LT IDR has remained unchanged since the rating was assigned in 2005.
  • Moody’s Long Term Deposit Rating was assigned in 2009 and upgraded to Aa2 in 2015.

    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.