PostFinance Company Profile and Structure

PostFinance is a Swiss financial services company that operates as a subsidiary of the Swiss Post. It was founded in 1870 and is headquartered in Bern, Switzerland.

PostFinance is a major player in the Swiss financial market, with a wide range of products and services that cater to individual and corporate customers.

The company has a strong presence in Switzerland, with over 2.5 million customers and a network of over 300 branches.

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PostFinance is a Swiss financial services provider that was founded in 1875. It's a subsidiary of the UBS Group.

PostFinance is headquartered in Bern, Switzerland, and has a strong presence in the country, with a network of branches and ATMs across Switzerland.

Postfinance Ltd is a wholly owned subsidiary of Swiss Post, making a significant contribution to the company's total operating income. Total assets stood at around CHF 102 billion as of 2023.

The company's financial performance is impressive, with a net profit (EBIT) of around CHF 164 million in 2023. This is a testament to the company's efficient operations and strong financial management.

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Postfinance serves approximately 2.5 million people, which is a remarkable number considering its relatively niche focus. This speaks to the company's ability to cater to a wide range of customers.

With an average total headcount of 3,757 employees, Postfinance has a substantial workforce. This allows the company to provide excellent customer service and support.

As of 2017, Postfinance has a deposit insurance for savings, just like other banks. This provides an added layer of security for customers, knowing that their deposits are protected up to a certain amount.

The company has various shareholdings in other ventures, including a 26.666% stake in Twint. This diversification strategy allows Postfinance to expand its reach and influence in the market.

Postfinance operates in several key business areas, including payment transactions, savings, investments, pension provision and insurance, financing, and customer service.

Around 900 million transactions per year were processed via Postfinance in 2011, giving you an idea of the scale of their payment transaction business.

Their savings area includes the private account range, which since July 2021 has consisted of the Smart and SmartPlus banking packages.

Postfinance's investment division offers a range of products, including medium-term notes and investment strategy funds.

In addition to their own investment products, Postfinance also offers third-party funds from other financial institutions.

They operate an online platform for securities trading in cooperation with Swissquote, and in February 2024, they began offering the trading and custody of cryptocurrencies.

Postfinance offers a pension account tailored to the three-pillar pension system in Switzerland, and in cooperation with AXA Winterthur Leben, various life insurance options.

However, in 2022, Postfinance announced that it would only offer actively managed pension funds, resulting in an increase in fees for customers.

In the area of financing, Postfinance cooperates with other banks to offer loans and mortgages, but does not refinance them itself.

They entered into a partnership with Cembra Money Bank through its subsidiary Lendico in 2018, and in May 2021, they announced that they would be offering the "Postfinance Priavtkredit" in cooperation with Bob Finance.

In August 2024, Postfinance became a shareholder in the mortgage market platform Credit Exchange AG and was given a seat on the board of directors.

Postfinance is active in the area of customer service with customer advisors and a call centre.

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PostFinance offers a range of services and features that make it a reliable choice for managing your finances.

One of the key services is online banking, which allows you to access your accounts 24/7 and perform various transactions. You can also use the mobile app to manage your finances on the go.

The mobile app is user-friendly and allows you to easily transfer money, pay bills, and check your account balances. It's available for both iOS and Android devices.

PostFinance also offers a range of payment services, including credit transfers and direct debits. You can use these services to pay bills, receive payments, and transfer money to others.

The bank's payment services are secure and convenient, making it easy to manage your finances.

PostFinance has a long history dating back to 1875.

The company was founded by Swiss bankers and has been a part of the Swiss banking system ever since.

In 2007, PostFinance was granted a banking license, allowing it to offer a broader range of financial services.

The company's headquarters is located in Bern, Switzerland.

As of 2020, PostFinance had 2.8 million customers.

The company's online banking platform is available in three languages: German, French, and English.

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