BKB will face increased costs for the state guarantee in the next four years, with the amount rising by 5 million compared to the previous period.
The compensation amount has been determined by the Government Council of the Canton of Basel-Stadt and is intended to cover the canton's liability for the bank's debts in the event of bankruptcy.
This adjustment aims to balance the risk compensation for the bank while also considering its cost advantages to prevent any distortions in competition.
As a result of this announcement, BKB shares experienced a decline, trading at CHF 66.00 on the SIX, which is 0.6 percent lower.