EFG International's rating outlook has been upgraded by Moody's from "negative" to "stable," with the long-term issuer rating affirmed at "A3."
The custodian rating has also been raised from "A1" to "Aa3," and the senior unsecured rating has been increased from "A3" to "A2."
These changes reflect the bank's improved capitalization and profitability, indicating a strong position against potential risks. The upgrades indicate a positive reassessment of EFG International's financial health and operational stability by the agency.