Banking Thrives in Solothurn
Regiobank Solothurn is performing well, increasing its half-year profit by 11 percent to 5.2 million francs compared to the previous year, which had already set a record. The balance sheet total reached 3.4 billion Swiss francs, with 2.8 billion francs concentrated in mortgage business and other customer receivables.
The financial institution benefited from the broader economic climate. The declining inflation allowed central banks to lower interest rates, making borrowing attractive and boosting investment activity. Markus Boss, CEO of Regiobank, stated: «The positive overall sentiment has had a favorable impact on our business during the first half of the year.»
Investments in Buildings and Employees
Customer loans (mortgage receivables and other customer receivables) increased by 49.5 million francs, representing a rise of 1.8 percent. Customer deposits also grew by 18.6 million francs. A significant portion of the new loans was refinanced with customer deposits, Boss noted in the press release on Friday.
The bank has been investing in its business properties in recent years. Following the renovation of its headquarters in Solothurn and branches in Biberist and Egerkingen, it is now preparing for a new bank building in Grenchen, which will also include 28 residential units. Regiobank is investing not only in physical assets but also in its employees, with plans to increase job opportunities once the project is completed.








