Cembra Money Bank AG

Cembra Money Bank is a consumer Swiss bank headquartered in Zurich Altstetten. The bank offers a wide range of financial products and financial services including loans, a leasing arrangement, credit cards or savings products. Cembra Money Bank serves approximately 809,000 customers and employs over 800 employees in Switzerland from more than 38 nations. The Company is active almost exclusively in Switzerland and operates through a nationwide network of 18 branches, as well as additional alternative distribution channels, such as the Internet, credit card partners, independent agents and over 3,600 auto dealers. Bank products include personal loans, auto leases and loans, credit cards, insurance, deposits and savings. In 2019, Cembra announced the acquisition of the consumer finance provider cashgate. The company’s financial results for the first half of fiscal 2019 include a reported net income increase of 1% year-over-year, reaching CHF 78.6 million, as well as a steady 5% revenue increase driven by good momentum in auto financing and continued growth in credit cards. Invest in this instrument and stay updated on recent CMBN.ZU value changes.