Migros Bank AG provides various banking products and services to private, business, and individual customers. The company offers private, premium, youth start, current, savings, vested benefits, and rental security deposit accounts, as well as fixed deposits, medium-term notes, and provident funds. It also provides fixed-rate, libor, and variable rate mortgage products, as well as construction loans; consumer credit, fixed advance, variable, and solid loan products; overdraft facilities; and equipment leasing services. In addition, the company offers fund structured products, metal accounts, call and hard money products, and e-banking services; and Maestro, credit, prepaid, and account cards...
Founded in 1958
Migros Bank Reports Earnings Results for the Full Year 2014
Jan 19 15
Migros Bank reported earnings results for the full year 2014. For the period, the company reported net profit soared 29.4% to CHF 225.2 million (USD 260.1 million/EUR 224.2 million), boosted by higher earnings and because the bank did not set aside provisions for general bank risks. Operating profit climbed by 3% to CHF 613.6 million.
Migros Bank Announces Earnings Results for the First Half Ended June 2014
Jul 16 14
Migros Bank announced earnings results for the first half ended June 2014. For the period, the bank reported a 4.8% increase in its gross profit to CHF 163.8 million. Operating profit jumped 9.1% to CHF 142.3 million, while commission income rose 1.6% to CHF 40.9 million.