Berner Kantonalbank (BEKB) has had its stable outlook and ratings reaffirmed by Moody's. The agency emphasized the bank's strong financial position and the quality of its assets.
Moody's also took into account the risks associated with BEKB's loan portfolio, specifically its focus on regional residential properties.
On the SIX exchange, BEKB shares experienced a temporary increase of 0.88 percent, reaching CHF 229.00. This rise in share price reflects investor confidence in the bank's financial stability.