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]
 | |
Native name | (in German) Migros Bank (in French) Banque Migros (in Italian) Banca Migros |
|---|---|
| Industry | Banking |
| Founded | 1958[1] |
| Founder | Gottlieb Duttweiler[1] |
| Headquarters | , |
| 226 million CHF (2015)[2] | |
| Total assets | 42.2 billion CHF (2015)[2] |
| Total equity | 3.4 billion CHF (2015)[2] |
| Owner | Federation of Migros Cooperatives[3] |
Number of employees | 1,335[3] |
| Website | www |
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
edit
References
edit- ^ a b c (in French) À props de nous, Migros Bank (page visited on 29 August 2016).
- ^ a b c d (in French) Rapport de gestion 2015, Migros Bank (page visited on 29 August 2016).
- ^ a b c d (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).
- ^ "Swiss Migros Bank settles German charges it aided tax dodgers". Reuters. 26 April 2021. Retrieved 28 April 2021.
- ^ "Fabrice Zumbrunnen Steps Down As President Of Migros General Management". ESM Magazine. Retrieved 9 January 2023.
