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The Swiss National Bank (SNB) has lowered its key interest rate by 0.5 percentage points, prompting several banks to anticipate significant cuts in savings rates. While Raiffeisen and Bank Cler have temporarily maintained their rates, others like Zuger Kantonalbank and Yuh are set to reduce theirs starting January 1, 2025. The outlook for savers remains grim, with many banks already tightening rates since October, and only a few institutions, such as the Cantonal Banks of Geneva and Thurgau, still offering higher rates.
Revolut is rapidly expanding its user base, aiming for 100 million customers while entering the real estate lending market in Lithuania, Ireland, and France. Swiss fintechs like Neon and Yuh are also thriving, with innovative solutions and transparent pricing, fostering competition that benefits consumers. Digital pension providers, such as Viac, are revolutionizing investment accessibility, although the market remains dynamic and competitive.
Basler Kantonalbank (BKB), founded in 1899, has total assets of 53.9 billion Swiss francs and serves nearly 430,000 customers as of June 30, 2024. Operating primarily in Northwestern Switzerland, BKB emphasizes stability, regional roots, and sustainability, while its subsidiary, Bank Cler, caters to private and real estate clients across all Swiss language regions.
Regula Berger will succeed Basil Heeb as CEO and Chairwoman of the Group Executive Board of Basler Kantonalbank on March 1, 2025, after Heeb's six-year tenure. Berger, currently Deputy CEO and Head of Commercial Client Sales, has been with BKB for six years and has extensive experience in the banking sector. Heeb will assist in the transition until the end of March before pursuing other opportunities.
Regula Berger will succeed Basil Heeb as CEO and Chairwoman of Basler Kantonalbank on March 1, 2025, after Heeb's decision to step down following six years in the role. Berger, 42, has been with the bank since 2019, serving as Deputy CEO and Head of Commercial Client Sales. Heeb will assist in the transition until the end of March 2025 before pursuing opportunities outside the Group.
Basil Heeb is stepping down as CEO of Basler Kantonalbank (BKB) in March 2025, allowing Regula Berger to lead the bank into its new strategic period from 2026 to 2029. Heeb reflects on his six years in office, highlighting BKB's strengthened market position and commitment to its home market in Basel, while dismissing any connection to past issues at the Zurich branch. He plans to pursue external management opportunities post-resignation.
Regula Berger will become the new CEO and Chairwoman of the Executive Board at Basler Kantonalbank on March 1, 2025, succeeding Basil Heeb, who is stepping down after six years in the role. Berger, currently the Deputy CEO and Head of Commercial Client Sales, has been with the bank since 2019 and is recognized for her strong leadership skills. Heeb's tenure is noted for enhancing BKB's position and profitability.
Nau
Basil Heeb, CEO of Basler Kantonalbank (BKB), will step down at the end of February after six years in leadership. Under his management, BKB strengthened its position as a secure and sustainable bank, setting a solid foundation for future strategic development, as noted by Chairman Adrian Bult.
Regula Berger, currently Deputy CEO of Basler Kantonalbank, will succeed Basil Heeb as CEO and Chairwoman of the Executive Board on March 1, 2025. Heeb, who has led the bank for six years, is stepping down at his own request and will assist in the transition until the end of March 2025.
Regula Berger will succeed Basil Heeb as CEO and Chairwoman of Basler Kantonalbank on March 1, 2025, following Heeb's decision to step down after six years in the role. Berger, currently Deputy CEO and Head of Commercial Client Sales, has been with the bank since 2019 and is recognized for her strong leadership. Heeb will assist in the transition until the end of March 2025 before pursuing opportunities outside the Group.
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