SGKB Faces Interest Rate Challenges Amid Corporate Client Growth and SNB Assessment

SGKB's corporate client base is growing, with new customers transitioning from larger banks.

The upcoming assessment by the Swiss National Bank (SNB) could result in lower interest rates for SGKB's savings customers if the SNB further eases its monetary policy.

Declining capital market interest rates are making mortgages and loans more affordable, which is putting downward pressure on interest rates for savings, fixed-term, and pension accounts.

SGKB is considering the possibility of negative interest rates, although they are seen as undesirable for the economy and not favored by the SNB.

SGKB remains committed to the Olma trade fairs and holds a seven percent stake in the trade fair operator.

The bank will continue to support any necessary measures by the owners in the future.

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