Kaiser Partner Privatbank Accelerates Growth and Significantly Boosts Earnings
Vaduz, April 2022 – After a challenging year 2020, Kaiser Partner Privatbank successfully resumed its longer-term growth trajectory in 2021 with robust revenue and earnings. The net profit of CHF 4.1 million for the year amounts to more than double the profit earned in crisis-wracked 2020 (CHF 2.0 million).
The rapid earnings recovery primarily owes to our continued vibrant organic growth: client assets increased by CHF 700 million (+15%) to CHF 5.7 billion on the back of a substantial net new money inflow (CHF 410 million) and an above-average performance by our asset management mandates.
Good net income from trading and a moderate general and administrative cost base also contributed to the earnings result, compensating for the sustained pressure on net interest income.
Detailed information on Kaiser Partner Privatbank’s annual retrospective can be found in the Annual Report for the year 2021.
Media Contact - Bianca HaslerHerrengasse 23