Cornèr Bank Group:
excellent first-half results for 2014
Cornèr Bank Group presents rising profits for the first half of 2014. Income totalled CHF 186 million, up 7.1% on the first half of 2013.
Despite increased expenditure in support of this growth, gross profit has forged ahead to touch the mark of CHF 50 million (2013: CHF 46.5 million). Net profit also rose, by more than 25%, to reach CHF 21.5 million.
Now close to CHF 900 million, shareholders’ equity provides further confirmation of the Group’s capital adequacy.