ZKB: Fitch confirms triple A and ‘stable’ outlook

The “AAA” rating is backed by the rating of the canton of Zurich (“AAA” / stable / “F1+”), owner of the bank, indicates the rating agency.

The rating agency Fitch confirmed on Wednesday the long-term issuer default rating (IDR) “AAA” of the Zürcher Kantonalbank (ZKB). The “stable” outlook was also renewed.

The triple A of the establishment is backed by the rating of the canton of Zurich (“AAA” / stable / “F1 +”), owner of the ZKB, said Fitch.