Press Release July 17,2017
Cornèr Bank is still number one in Switzerland in terms of capital soundness
According to statistics published by The Banker in July 2017, Cornèr Bank is number one in Switzerland in terms of capital soundness for the third consecutive year.
Since 2015, the renowned English financial analysis report published by the Financial Times Group has confirmed the strong position of the Bank, which is based in Lugano and has branches in Zurich, Geneva, Chiasso and Locarno, as well as a network of agencies in the Canton of Ticino.
Maintaining its traditional prudent management strategies, the Bank’s significant equity capital allows it to continue its policy of developing the various business areas including private banking with asset management, investment advice and financial intermediary services, mortgage lending and commercial loans, Cornèrcard payment cards, issuing structured products, and online trading on the CornèrTrader platform.
Last June, in an effort to harmonise the corporate image of its many activities, the Bank renewed its graphic design. The new Cornèr logo is synonymous with unanimity and a new identity.
Mortgages in Switzerland offer a unique financial landscape. This comment encapsulates the key aspects concisely. Switzerland's mortgage market is known for its low interest rates and stability, making it attractive for homeowners. However, Swiss mortgages often require a substantial down payment, typically around 20%, and have stringent lending criteria. The mortgage interest rates are typically fixed for a certain period, offering predictability. Additionally, Switzerland's strong economy and legal framework provide a secure environment for both borrowers and lenders. Overall, Swiss mortgages combine financial prudence with stability, making homeownership an achievable goal.
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