In addition,
Bcvs results decline first half:
From January to June, the net profit for interest operations was reduced from 9.2% to 103.7 million francs, said a statement published on Tuesday. Meanwhile,
The Cantonal Bank of Valais (BCVS) reportedly reported on the first six of the year. Nevertheless, The management says he is still confident for the continuation of operations despite “the monetary policy of the Swiss National Bank (BNS). In addition, geopolitical tensions”.
From January to June, the net profit for interest operations was reduced from 9.2% to 103.7 million francs, said a statement published on Tuesday. The revenues generated by commissions and services, on the other hand, increased by 8.7% to 25.7 million. And, administered assets reached 17.2 billion, after 16.5 billion a year earlier.
Operating products fell 2.7% to 143.4 million. The charges weighed more heavily by 1.6% to 66.5 million. Finally, the cost/income bcvs results decline first half ratio deteriorated to 46.3%, after 44.4%.
The operating profit was weakened from 6.2% to 70.5 million and the net profit did the same (-7.7%) to 60.9 million.
At the end of June, the balance sheet total reached 21.8 billion, or 4.9% more.
For 2025. the Cantonal Valais establishment aims for “good results, below those exceptional from last year, but in the average of the last four years”.
bcvs results decline first half — Bcvs results decline first half: From January to June. the net profit for interest operations was reduced from 9.2% to 103.7 million francs, said a statement published on Tuesday. Additionally, The Cantonal Bank of Valais (BCVS) reportedly reported on the first six of the year. The m.
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