Kaiser Partner Privatbank AG virtually doubled its profits in 2018 to 4.5 million Swiss francs. Its client assets under management also improved strongly.

Kaiser Partner Privatbank AG can look back on a very successful 2018. According to a press release, the bank increased its profits from 2.3 million to 4.5 million francs. Its client assets under management went up from around 2.6 billion francs to around 4 billion francs. The bank attributes its positive results to organic growth and the acquisition of Bank Vontobel (Liechtenstein) AG as of February 2018.

Gross earnings also grew by a third to 23.3 million francs as a result of the increase in client assets. Operating expenses were up 18 percent to 16.3 million francs. According to the bank, it has a “very solid capitalization”, with a Tier 1 core capital ratio of 20.2 percent.

The press release also states that Kaiser Partner has got off to a successful start this year. The bank continues to rely on organic and acquisitional growth and is pressing ahead with the digitalization of its products.

Back to overview