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Third-largest banking group in Switzerland and Avaloq strengthen their partnership

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Raiffeisen, the third-largest banking group in Switzerland and a partner of Avaloq since 2007, is acquiring 10 percent of the Avaloq group’s shares. The investment is part of a strategic plan by Avaloq to strengthen its capital base for upcoming opportunities. As part of its growth strategy, the Avaloq group…

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