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2025-03-142025-03-141111100
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bancastato appoints new leadership amid strong financial performance and community support

BancaStato Group reported a profit of 83 million francs in 2024, marking the second-best year in its history despite a 17.8% decline from 2023. The bank allocated over 60 million francs to the canton and increased its assets under management by 7.7% to 23.4 billion francs, reflecting strong client confidence and growth in lending volumes. Operating costs rose to 54.4% of net revenues, while capital adequacy remained robust at 233.3%, well above regulatory requirements.
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Swiss Franc AXION SWISS BANK SA CHE Fabrizio Cieslakiewicz Michela Ferrari-testa Michele Andina Christian Vitta Gabriele Zanzi Marco Tini Show more
Business & Industry, Market Report
15:01 14.03.2025
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