PostFinance has been successful in the first semester of 2012. Profit amounted to CHF 296 million. Swiss Post’s financial institute gained 63,000 new customers who opened 134,000 new accounts. The administered customer assets amounted to CHF 102 billion. In a difficult context, PostFinance created 42 new full-time jobs. Preparatory work for assigning PostFinance under the FINMA are going as planned.
PostFinance generated a profit of CHF 296 million in the first semester of 2012. This was 9.5 percent lower compared to the same period of the previous year (CHF 327 million). This result was primarily due to the historically low interest rates on the financial markets. PostFinance sometimes deposits customer’s money interest-free at the Swiss National Bank, which heavily pressures the interest margin. The administered customer assets amounted to CHF 102 billion at the end of June.