VP Bank Group has remained on track despite what continues to be a challenging environment. The Group increased its operating income by 17 per cent to CHF 188.3 million and posted a semi-annual profit of CHF 25.5 million, which corresponds to an increase of 19 per cent.
The key financial results for the first half of 2023 in overview:
- VP Bank demonstrated a great deal of resilience in a market environment that is challenging for banks and posted a semi-annual profit of CHF 25.5 million. This represents an increase of 19 per cent compared to the previous-year period, and an increase of 35 per cent compared to the second half of 2022.
- Operating income increased by 17 per cent compared to the previous-year period to CHF 188.3 million.
- The...
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