Annual Report

bank zweiplus closes out FY 2009 with a profit

Notwithstanding the adverse financial market situation, bank zweiplus closed out the first full financial-year 2009 with a solid profit of CHF 7.8 million. The positive result reveals that the Bank's innovative business model has been embraced by partners and customers alike.

The financial results at a glance

Client assets under management amounted to CHF 6.2 billion as of 31 December 2009. Total revenues amounted to CHF 64.1 million. Thanks to consistent cost management, the Bank succeeded in maintaining expenses within the set target, at CHF 51.2 million. The gross margin came in at 107 basis points, while the cost-income ratio amounted to 80%. Furthermore, the return on equity (RoE) of 22.4% can be regarded as a very favorable result.

You can view additional relevant information and figures from the financial statements here in our Annual Report 2009 (only in german available).

Thank you for your interest.
bank zweiplus ltd