Pictet corporate ratings
Rating agencies play a key role in international finance by assessing the credit quality of market participants, including banks.
About our ratings
Ratings assigned to Pictet by Fitch Ratings and Moody’s Investors Service – two of the major international rating agencies – are among the highest in the banking industry.
These ratings attest to Pictet’s solidity. Our capital and liquidity bases are significantly larger than what is required by the Swiss banking regulation. The high ratings additionally reflect Pictet’s consistent strategy and management, exemplary asset quality, high profitability and its position as one of the largest Swiss wealth and asset managers. Although these ratings are assigned to Banque Pictet & Cie SA and to Bank Pictet & Cie (Europe) AG, they are based on an assessment of the consolidated Group and thus reflect the credit strength of the firm as a whole. You can find more details about our credit strength in our document about financial solidity and other protections for client assets.
Ratings of Banque Pictet & Cie SA
Fitch Ratings
| ITEM | RATING |
|---|---|
| Long-Term Issuer Default Rating (LT IDR) | AA- |
| Short-Term Issuer Default Rating (ST IDR) | F1+ |
| Viability Rating (VR) | aa- |
| Outlook | Stable |
Fitch LT IDR has remained unchanged since the rating was assigned in 2005.
Ratings affirmed
On 15 September 2026, Fitch Ratings has affirmed Banque Pictet & Cie SA’s (BPSA) Long-Term Issuer Default Rating (IDR) at 'AA-' with a Stable Outlook and Viability Rating (VR) at 'aa-'.
Extracts from the commentary
Banque Pictet & Cie SA (BPSA) is the Geneva-based main operating bank of the Pictet Group (Pictet). Its ratings are driven by the Group's stable wealth management-focused business model, international brand recognition, conservative risk profile with little credit risk, strong profitability and robust capitalisation.
Pictet is one of the largest Swiss private banking groups. Its business model has generated a long record of strong and stable performance. Wealth management is confidence-sensitive, but the bank's long operating record, sound financial profile and strong liquidity demonstrate its ability to manage this risk extremely well
Pictet's strong earnings and capital ratios provide a solid buffer against unexpected losses.
Moody’s
| ITEM | RATING |
|---|---|
| Long-Term Deposit Rating | Aa2 |
| Short-Term Deposit Rating | P-1 |
| Adjusted Baseline Credit Assessment | a1 |
| Outlook | Stable |
Moody’s Long Term Deposit Rating was assigned in 2009 and upgraded to Aa2 in 2015.
Ratings affirmed
On 12 August 2026, Moody’s Ratings has affirmed Pictet’s Aa2/P-1 long- and short-term deposit ratings, with a stable outlook.
Extracts from the press release
Moody’s assesses Pictet to have a “strong financial profile, supported by its very strong capital levels”.
The stable outlook on the long-term deposit ratings reflects our expectations that Banque Pictet and the Group will maintain a strong capitalization and a conservative approach to risk management, while continuing to adapt their business offer to evolving markets and client preferences.
Banque Pictet has an extended track record of successfully adapting its wealth management solutions for high net-worth and ultra-high net-worth customers to the evolving market environments.
Ratings of Bank Pictet & Cie (Europe) AG
Fitch Ratings
| ITEM | RATING |
|---|---|
| Long-Term Issuer Default Rating (LT IDR) | AA- |
| Short-Term Issuer Default Rating (ST IDR) | F1+ |
| Outlook | Stable |
Ratings affirmed
On 15 September 2026, Fitch Ratings has affirmed Bank Pictet & Cie (Europe) AG’s (BPAG) Long-Term Issuer Default Rating (IDR) at 'AA-' with a Stable Outlook.
Extracts from the commentary
Bank Pictet & Cie (Europe) AG's IDRs are driven by its Shareholder Support Rating, which is aligned with the Long-Term IDR of BPSA, its sister bank.
Please refer to “Ratings of Banque Pictet & Cie SA” section for more details on the rating strength.
