Standard & Poor's has confirmed Raiffeisen's long-term and short-term credit ratings at "AA-" and "A-1+", respectively, highlighting the bank's excellent capitalization and solid credit quality. With a 17.9% market share in the Swiss mortgage sector, Raiffeisen reported a profit of CHF 641.6 million in the first half of 2024 and anticipates solid business development for the year, though results may not match the previous year's extraordinary levels.
