Migros Bank

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Migros Bank
Native name
Script error: No such module "In lang". Migros Bank
Script error: No such module "In lang". Banque Migros
Script error: No such module "In lang". Banca Migros
Industry Banking
Founded 1958; 67 years ago (1958)[1]
Founder Gottlieb Duttweiler[1]
Headquarters Zürich, Switzerland
226 million CHF (2015)[2]
Total assets 42.2 billion CHF (2015)[2]
Total equity 3.4 billion CHF (2015)[2]
Owner Federation of Migros Cooperatives[3]
Number of employees
1,335[3]
Website www.migrosbank.ch

Migros Bank is a Swiss bank founded in 1958 by Gottlieb Duttweiler and belongs to the Federation of Migros Cooperatives.[1] It has 67 branches in Switzerland (20 new between 2008 and 2016).[3]

In 2015, it has a balance sheet of 42 billion Swiss francs and an income of 226 million.[3][2]

In April 2020, Migros Bank agreed to pay German justice authorities around 2.4 million euros to settle allegations that it allowed German clients to evade taxes.[4]

In 2022, Migros Bank's Chairman of the board of directors, Fabrice Zumbrunnen, announced that he would be stepping down from his position.[5]

See also

References

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External links

  1. 1.0 1.1 1.2 Script error: No such module "In lang". À props de nous, Migros Bank (page visited on 29 August 2016).
  2. 2.0 2.1 2.2 2.3 Script error: No such module "In lang". Rapport de gestion 2015, Migros Bank (page visited on 29 August 2016).
  3. 3.0 3.1 3.2 3.3 Script error: No such module "In lang". Swiss Telegraphic Agency, "La Banque Migros a poursuivi sa croissance l'an passé", Le temps, Tuesday 19 January 2016 (page visited on 29 August 2016).
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