Swissquote Posts 25% Rise in Net Revenues in 2017

[kreslik.news]

Swissquote, a Switzerland based banking group, has published its yearly performance report for the full year 2017, and the numbers exemplify the bank’s most successful year ever.

According to the official report, Swissquote’s net revenues posted a 25% YoY increase to reach CHF 187.8 million. Meanwhile, the release also showed an even more dramatic rise for net profits, which climbed 88.8% YoY, to an impressive CHF 39.2 million.

Helping to infuse the numbers were lingering negative interest rates, which naturally incentivize investors to actively seek various investment avenues that aided the bottom line results of Swissquote.

Consequently, the number of transactions executed through ... (read more)