May 18, 2018 / 9:02 PM / a month ago

BRIEF-S&P Says Switzerland Ratings Affirmed At 'AAA/A-1+'; Outlook Stable

May 18 (Reuters) - S&P Global Ratings:

* S&P SAYS SWITZERLAND RATINGS AFFIRMED AT ‘AAA/A-1+’; OUTLOOK STABLE

* S&P SAYS EXPECT SWITZERLAND’S ECONOMY WILL EXPAND AT SOUND RATES IN 2018-2021, THANKS TO STRONG EXPORTS, SUPPORTED BY EASING PRESSURE FROM SWISS FRANC EXCHANGE RATE

* S&P SAYS "SOVEREIGN MONEY" INITIATIVE'S ADOPTION COULD BRING UNCERTAINTY FOR SWITZERLAND'S BANKING SECTOR, ROLE OF CENTRAL BANK, POTENTIALLY ECONOMY Source text : [bit.ly/2rTqTKE]

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