Moody's Maintains Banque Cantonale Vaudoise's Ratings on Stable Solvency, Liquidity Profile

12:23 AM EDT, 09/29/2026 (MT Newswires) -- Moody's on Monday affirmed its long- and short-term deposit ratings on Banque Cantonale Vaudoise (BCVN.SW) at Aa2/P-1, with a stable outlook. The affirmation reflects the outcome of Moody's Advanced Loss Given Failure analysis, which continues to provide a two-notch uplift to the deposit ratings based on expected loss severity across different classes of liabilities in a resolution scenario. The ratings also assume a low probability of support from the Swiss government, reflecting the Swiss bank's relatively limited size within the country's banking system. Meanwhile, the stable outlook reflects expectations that Banque Cantonale will maintain its current solvency and liquidity profile.