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