JavaScript is deactivated. Please activate JavaScript to ensure that our website functions and is displayed correctly.

Newsroom

Bernadette Koch appointed as a new Member of the Board of Directors of PostFinance

The extraordinary PostFinance Ltd General Meeting has elected Bernadette Koch, who was nominated by the Swiss Post Ltd Board of Directors, as a new member of the PostFinance Ltd Board of Directors. She succeeds Marco Durrer, who has stood down from the Board of Directors. In Bernadette Koch, PostFinance is gaining someone with in-depth knowledge of the Swiss banking landscape and who has a broad, cross-sector network at her disposal.

Interim results for 2019: Swiss Post needs new sources of income

Lower interest income from PostFinance and continually falling letter volumes had an impact on Swiss Post figures in the first half of 2019. With a profit of 193 million francs, the Group’s earnings were 25 million francs lower year-on-year. The operating profit (EBIT) was also lower. Swiss Post Head of Finance, Alex Glanzmann, sees a need for action.

PostFinance car insurance: simple – reliable – online

PostFinance is now entering the insurance market with PostFinance car insurance, and is expanding its product range to include attractive car insurance policies available online.

Quarterly result reflects challenges facing Swiss Post

Swiss Post generated a lower result in the first quarter of 2019 than in the prior-year period. At 130 million francs, Group profit was down 17 million francs year-on-year. At 172 million francs, operating profit (EBIT) was also 35 million lower than in the previous year.

LEND acquires Lendico and enters into partnership with PostFinance

PostFinance and Switzerlend AG − the parent company of the crowdlending platform LEND.ch − have agreed to enter into a close partnership: LEND will take over 100% of the PostFinance subsidiary Lendico Schweiz AG. In return, the financial service provider will acquire a participation in LEND and will bring its strong brand to the relationship.

E-finance restrictions over the weekend of 18/19 May 2019

We are further enhancing e-finance and e-trading for you. On Saturday 18 and Sunday 19 May 2019, both online services are therefore only available to a limited extent.

Attention phishing

Cyber-criminals regularly attempt to gain access to computers and online banking via fraudulent e-mails. There is currently a phishing e-mail in circulation that asks the recipient to update their E-Finance login account.

Despite lower result: Swiss Post on the right track in challenging environment

In the year under review 2018, Swiss Post achieved good results in many units. However, at 405 million francs, Group profit was down 122 million francs year-on-year. In particular, the difficult operating framework at PostFinance and the settlement for repayments following the events at PostBus contributed to the lower result. At 501 million francs, operating profit (EBIT) was 217 million lower than in the previous year. This confirmed Swiss Post’s expectations.

PostFinance launches digital mortgage brokerage platform

With the Valuu app, PostFinance has launched the first fully digital mortgage brokerage platform. It provides users with easy, fast access to a suitable mortgage from various providers, regardless of time or location – whether it be a new purchase or replacement.

Interest statements now available to download in e-finance

The interest statements for the year 2018 have been available to download in e-finance under “Documents” since 3 January.

Q3 2018: Quarterly figures confirm Swiss Post’s forecasts

Swiss Post achieved good results in many units again in the third quarter of 2018. At 317 million francs, Group profit, however, was down 186 million francs year-on-year, confirming Swiss Post’s forecasts. The difficult operating framework at PostFinance and corrections at PostBus are the main factors which continue to impact Group figures. This is also reflected in the operating profit (EBIT) of 384 million francs.

COMCO investigation regarding mobile payment solutions

The Competition Commission (COMCO) has launched an investigation in which PostFinance is also involved. PostFinance is cooperating with the competition authority to clarify the matter.

More news