Cembra Money Bank at a glance

Cembra Money Bank is a leading consumer finance bank with a well-established position in Switzerland. It is regulated by FINMA, holds a banking licence and provides a range of financial products and services.

Headquartered in Zurich, the Company operates almost entirely in Switzerland through a nationwide network of 21 branches as well as through alternative distribution channels, such as the internet, credit card partners (including Migros), independent agents and over 3,200 auto dealers. As at 31 December 2015, Cembra Money Bank had 715 full time equivalent (“FTE”) employees and served approximately 700,000 customers. Its key products are:

Cembra Money Bank’s net financing receivables amounted to CHF 4’063 million as at 31 December 2015 and CHF 4’074 million as at 31 December 2014. In the business year 2015 Cembra Money Bank generated a net income of CHF 145.0 million compared to CHF 139.9 million in 2014.