PostFinance

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PostFinance
TypeSubsidiary (of Swiss Post)
IndustryBanking
Financial services
Founded1906
HeadquartersBern, Switzerland
Area served
Switzerland
Key people
 (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]
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[]

  1. ^ Jump up to: a b Key figuresaccount, PostFinance, retrieved 26 December 2010
  2. ^ FINMA, Eidgenössische Finanzmarktaufsicht. "PostFinance Ltd is placed under FINMA supervision". Eidgenössische Finanzmarktaufsicht FINMA.
  3. ^ "Federal Council adopts report on systemically important banks". sif.admin.ch.
  4. ^ https://www.postfinance.ch/content/dam/pfch/doc/ueber_uns/pf_sp_ratingreport_en.pdf

External links[]

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


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