Swissquote Reports Record Breaking First Half Results for 2018

[kreslik.news]

Swissquote, an online banking service provider, has released its financial results for the first half of 2018. The firm, which is based in Switzerland, reached new year-on-year records. Revenue, in particular, enjoyed a strong rise in the first half of the year.

In the first half of 2018 operating revenue was up significantly by 30.3% year-on-year, coming in at CHF 118 million. Net revenues for the first half also saw a notable increase of 21% from the half of 2017, at CHF 112.8 million.

Although this figure was still up year-on-year, it was dragged down two main ... (read more)