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Record-breaking Profit Growth: Net Income Soars by 23 Million

At the same time, banks are also having to pay higher interest rates on their own loans, and they have increased interest rates on savings accounts. This increased the expenses at BLKB by 130 million. The bottom line is that net income from interest operations rose by 23 million to 163.8 million compared to the first half of 2022.

2023-08-13 11:57:22
#Higher #interest #rates #boost #Swiss #banks #profits #earnings #savers #remain #meager

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