Cornèr Bank Group again confirms its strength

The 63rd Annual Report from Cornèr Bank Group is evidence of the fundamental strength of the company and the soundness of its asset position. Income rose by 2.6% to over 380 million francs, despite highly adverse conditions for the Swiss banking sector. On the other hand, the important IT development projects currently under way and an increase in staff have driven costs upwards. Net profit is down from 59.1 to 50.7 million francs, while equity has strengthened further (+2.6% to 931.9 million francs).