The merger between radicant bank ag and Numarics AG is set to create a comprehensive banking and financial services platform in Switzerland.

Merging Strengths for Enhanced Offerings

The merger aims to leverage the strengths of both companies in technology and financial services to enhance radicant's offerings and market presence.

Commitment to Sustainable Banking

Basellandschaftliche Kantonalbank (BLKB), the parent company of radicant, is committed to sustainable banking and reducing greenhouse gas emissions.

Diversification Strategy

The merger with Numarics is part of BLKB's diversification strategy to expand its service offerings and customer base.

Innovative Solutions for SMEs

The new entity will introduce innovative solutions tailored for small and medium-sized enterprises (SMEs) and streamline administrative processes.

Majority Shareholder and Venture Capital Participation

BLKB is expected to become the majority shareholder of the merged company, with participation from venture capital firms.

Implications for the Swiss Financial Market

The merger is expected to have far-reaching implications for the Swiss financial market, fostering innovation and competition while prioritizing sustainability and responsible banking practices.