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Basellandschaftliche Kantonalbank (BLKB) reported a profit of CHF 166 million for 2024, marking a 9.1% increase from the previous year, despite criticism over its investment in the digital bank Radicant. The bank's operating income rose by 4% to CHF 477.1 million, and it maintained a strong regional focus, with 57% of Basel residents as customers. Radicant, which has 10,000 clients and CHF 120 million in managed assets, is viewed as a long-term strategic investment, aiming for break-even by 2027/2028.
Luca Pertoldi
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Basellandschaftliche Kantonalbank reports strong growth amid Radicant investment criticism
Swiss Franc
Basellandschaftliche Kantonalbank, Filiale Allschwil
CHE
Luca Pertoldi
Anton Stadelmann
Peter Riebli
Thomas Schneider
John Häfelfinger
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20:05 27.02.2025
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