Swiss Quality Ratings

fedafin - Single recognized Swiss credit rating agency. Leading in independent credit assessments of issuers and their issues.


We are 100% independent, which is an essential requirement for the recognition of relevant institutions:


We are broadly anchored in the Swiss credit and capital market. Our clients include around 100 institutional investors and capital seekers, including:

  • Leading, medium-sized, and small pension funds
  • Insurance groups and health insurance companies
  • Large, cantonal, regional, and private banks
  • Swiss Stock Exchange SIX
  • Bond-listed corporations


Our rating universe, including continuous monitoring, comprises:

  • 98% of Swiss municipalities
  • all Swiss cantons
  • about 350 companies

This includes both the issuers and their bonds.

The entire universe and various publicly available ratings can be found in e-Ratinge-Rating.

We are happy to cover additional issuers or issues on request and where possible. Please do not hesitate to contact us!

ESG: Environment, Social, Corporate Governance

From the 2020 reporting season onwards, fedafin will disclose ESG influence on credit ratings of listed companies. You can find out more about this here.

Our broad coverage of bond ratings also includes green, social and sustainability bonds. You can find out which ones here.



14.10.2021 Rating update Banque Cantonale Neuchâteloise
14.10.2021 Rating update Banque Cantonale de Fribourg
13.10.2021 Rating update Zug Estates
09.10.2021 Rating update Investis
09.10.2021 First rating creation Tecan
01.10.2021 Rating update Galenica
22.09.2021 Rating update Graubündner Kantonalbank


Together with our partners, we offer several interfaces to provide you with ratings, rating reports, or key figures of companies, municipalities, or cantons automatically and conveniently into your software. Talk to us about the possibilities to make your work easier!



Would you like an independent credit rating for your company? Get in touch with managing director Adrian Oberlin!



Our analysts will let you know which documents are required for a sound rating. We will also arrange a date for a management meeting to discuss your case-specific questionnaire.



Our rating committee assigns your company a so-called desktop rating. This is a snapshot without monitoring and without any external purpose. The rating report is deliberately kept short.



If you decide to use the rating to obtain financing on the credit and/or capital market, the rating committee will issue an ordinary rating including monitoring. The rating report comprises around 10-30 pages for the capital market or around 2-4 pages for the credit market.



You can publish the credit rating report online via e-Rating. You have the choice of making it available exclusively to our contract clients or to the general public.

Issuer Rating

For the investment needs of institutional investors, we provide a comprehensive and continuously covered universe of cantonal, municipal, and corporate ratings. Our ratings allow banks, insurance companies, and pension funds to actively select and diversify with an above-average risk/return profile in the credit market.

More on Issuer Ratings

Issue Ratings

For management of CHF bond portfolios, we offer a continuously covered rating universe with corporate and bond ratings of companies listed on the SIX Swiss Exchange. Our ratings allow banks, insurance companies, and pension funds to actively select and diversify CHF bonds based on an independent risk assessment.

More on Issue Ratings

Project Ratings

The realization and financing of projects is a key driver of our economy and an expression of the continuous change in customer needs and market structures. As a rating agency, we support project financing in the direct sphere of influence of the public sector and primarily on behalf of investors by assigning a project rating.

More on Project Ratings