Deposits and Savings

Cembra Money Bank historically offered saving products, such as savings accounts and term deposits to retail customers. Since 2010, Cembra Money Bank has extended its offering of term deposit products to institutional customers. As at 31 December 2017, Cembra Money Bank held a total of CHF 921 million in retail term deposits and savings accounts and CHF 1,705 million in institutional deposits. Almost all the Company’s deposit and savings account customers are Swiss or otherwise resident in Switzerland. Retail term deposits and retail savings are both covered by the Swiss deposit protection scheme up to CHF 100,000 per customer.

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