Moody's affirms Aa2 rating for Berner Kantonalbank with stable outlook

Berner Kantonalbank (BCBE) has had its "Aa2" rating for long-term deposits and "A2" rating for long-term senior unsecured liabilities confirmed by Moody's. The rating agency has also maintained a "stable" outlook for the bank.

Moody's affirmed these ratings due to BCBE's strong financial strength and the quality of its asset portfolio. The agency did acknowledge the risks associated with the bank's credit portfolio, specifically the concentration on regional residential properties. However, all other ratings for BCBE remain unchanged, indicating a consistent assessment of its financial position.

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