Personal Loans

Cembra Money Bank offers general purpose unsecured loans to retail customers and occasionally to small businesses. Personal loan financing receivables amounted to approximately CHF 1.8 billion as at 31 December 2015. Approximately 50% of the Company’s personal loan receivables are from customers who have had a relationship with the Company since 2007 or earlier. Cembra Money Bank currently offers two personal loan products to retail customers:

Barkredit

Barkredit is a closed-end general purpose loan.

Barkredit Plus

Barkredit Plus is a combination of general purpose credit line and closed-end loan. The loan functions as a credit line for the first 24 months, before converting to a closed-end loan for the remainder of its term.