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ZKB says 2015 net profit rises 12 pct to 722 mln Sfr
February 12, 2016 / 5:51 AM / 2 years ago

ZKB says 2015 net profit rises 12 pct to 722 mln Sfr

ZURICH, Feb 12 (Reuters) - Local government-owned Swiss bank Zuercher Kantonalbank (ZKB) said on Friday net profit for 2015 rose 12 percent year-on-year to 722 million Swiss francs ($741.04 million).

“Thanks to very solid fundamentals, a balanced business model and a clear strategy, we are confident that Zuercher Kantonalbank will also deliver an attractive result in 2016,” Chief Executive Martin Scholl said in a statement. ($1 = 0.9743 Swiss francs) (Reporting by Joshua Franklin; Editing by Muralikumar Anantharaman)

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