08/26/2022
In the first six months of the current year, Zürcher Kantonalbank increased its operating income by 6% to CHF 1,344 million, laying the foundation for the very good result. All major sources of income have contributed to this growth.
08/26/2022
Measured in terms of the balance sheet total of all banks domiciled in Switzerland, cantonal banks hold the highest share of domestic business at around 30% while 47% of the Swiss population trust a cantonal bank as a customer.
08/25/2022
The first half of 2022 was exceptionally challenging due to the geopolitical and economic uncertainties in international financial markets, which was also reflected in the generally subdued level of client activity.
08/25/2022
After the capital return, the CET 1 ratio will remain well ahead of Van Lanschot Kempen’s capital objective of 15%, plus an M&A add-on of 2.5% for acquisitions.