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With a gain of 20.5 per cent in group net income, net new money inflows of CHF 1.2 billion und a substantial increase in assets under management of 9.9 per cent to CHF 45.6 billion, VP Bank Group demonstrated a robust performance for the first six months.
The most important facts at a glance
VP Bank Group has confirmed its long-term growth trajectory. All relevant indicators for the first half-year of 2019 point to a marked strengthening of the Group’s core business.
- As a result of the above average growth in earnings, group net income rose from CHF 29.3 million to CHF 35.3 million, equating to a gain of 20.5 per cent.
- Thanks to a high level of net new money inflows and a very positive market performance, assets...
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