Migros_Bank

Migros Bank

Migros Bank

Add article description

Migros Bank is a Swiss bank founded in 1958 by Gottlieb Duttweiler and belongs to the Federation of Migros Cooperatives.[1] It has 67 branches in Switzerland (20 new between 2008 and 2016).[3]

Quick Facts Native name, Industry ...

In 2015, it has a balance sheet of 42 billion Swiss francs and an income of 226 million.[3][2]

In April 2020, Migros Bank agreed to pay German justice authorities around 2.4 million euros to settle allegations that it allowed German clients to evade taxes.[4]

In 2022, Migros Bank's Chairman of the board of directors, Fabrice Zumbrunnen, announced that he would be stepping down from his position.[5]

See also

References

  1. [1]
    (in French) À props de nous, Migros Bank (page visited on 29 August 2016).
  2. [2]
    (in French) Rapport de gestion 2015, Migros Bank (page visited on 29 August 2016).
  3. [3]
    (in French) Swiss Telegraphic Agency, "La Banque Migros a poursuivi sa croissance l'an passé", Le temps, Tuesday 19 January 2016 (page visited on 29 August 2016).
  4. [4]
    "Swiss Migros Bank settles German charges it aided tax dodgers". Reuters. 26 April 2021. Retrieved 28 April 2021.
  5. [5]
    "Fabrice Zumbrunnen Steps Down As President Of Migros General Management". ESM Magazine. Retrieved 9 January 2023.
Share this article:

This article uses material from the Wikipedia article Migros_Bank, and is written by contributors. Text is available under a CC BY-SA 4.0 International License; additional terms may apply. Images, videos and audio are available under their respective licenses.