PostFinance

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PostFinance
Subsidiary (of Swiss Post)
IndustryBanking
Financial services
Founded1906
HeadquartersBern, Switzerland
Area served
Switzerland
Key people
Hansruedi Köng (Chairman)
ProductsInvestment Banking
Investment Management
Wealth Management
Private Banking
Corporate Banking
Private Equity
Finance and Insurance
Consumer Banking
Mortgages
Credit Cards
CHF 2.2 billion (2009)[1]
Increase CHF 447.8 million (2009)[1]
ParentSwiss Post Edit this on Wikidata
Websitepostfinance.ch

PostFinance is the financial services unit of Swiss Post which was founded in 1906. It is the fifth[citation needed] largest retail financial institution in Switzerland. Its main area of activity is in the national and international payments and a smaller but growing part in the areas of savings, pensions and real estate.

In 2013, the Swiss Financial Market Supervisory Authority (FINMA) awarded PostFinance a bank licence.[2] In 2015, PostFinance was declared a "systematically important" financial institution in Switzerland by the Swiss National Bank, which means the bank must follow special regulations with regards to liquidity and equity.[3]

PostFinance has an AA+ credit rating from Standard & Poor's.[4]

References[edit]

  1. ^ a b Key figuresaccount, PostFinance, retrieved 26 December 2010
  2. ^ https://www.finma.ch/en/news/2013/06/mm-postfinance-20130626
  3. ^ https://www.sif.admin.ch/sif/en/home/dokumentation/medienmitteilungen/medienmitteilungen.msg-id-67336.html
  4. ^ https://www.postfinance.ch/content/dam/pfch/doc/ueber_uns/pf_sp_ratingreport_en.pdf

External links[edit]

Media related to PostFinance at Wikimedia Commons

Coordinates: 46°57′26″N 7°28′04″E / 46.9571°N 7.4679°E / 46.9571; 7.4679