PKB Private Bank Draws Positive Balance for 2024
27.10.2025 | from PKB Private Bank AG
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27.10.2025, 2024 proved to be a very interesting year for financial markets, shaped by macroeconomic developments, geopolitical shifts, and evolving market dynamics. While these factors presented challenges, they also created a range of investment opportunities. Against this backdrop, PKB demonstrated its resilience and concluded the year with a net profit of CHF 11.1 million and CHF 15.5 million at group level. The bank's results were mainly influenced by the more expansive monetary policies of major central banks, leading to a reduction in interest margins. In contrast, commission income recorded a slight increase, supported by the growth in customer assets, which was due to the positive market development.
As of the end of 2024, PKB managed CHF 13.5 billion in assets at the group level, of which CHF 6.5 billion was managed by the bank alone. With a core capital ratio (Tier 1) of 35.5% (32.5% at group level) and equity capital of CHF 413 million, the bank confirms its position as one of the most solid in Switzerland.
Throughout the year, PKB undertook a series of strategic initiatives focused on its long-term vision. In particular, last October, the Group Wealth Solutions department was strengthened with the aim of optimizing the bank's product and service range. This development is an important step in PKB’s commitment to providing its clients with comprehensive 360-degree support.
As part of a broader strategic expansion, PKB additionally acquired a majority stake in Belvoir Capital, an independent wealth manager based in Zurich. Following approval by the regulatory authorities, the merger between Alasia SA, a member of the PKB Group, and Belvoir Capital AG was completed in December. With this transaction, the bank positions itself as a leading Swiss wealth manager and multi-family office.
“The results of 2024 confirm our ability to successfully meet challenges and underscore both the solidity of PKB and the viability of our strategy, as well as the commitment of our employees in pursuing common goals,” commented Luca Venturini, Chief Executive Officer of PKB.
The Board of Directors and management thank all clients for their trust in PKB over the years, and all employees for their dedication and commitment to the success of the company.
For media inquiries please contact:
Simona Frisoli – Communications
simona.frisoli@pkb.ch
PKB Private Bank SA
Communications
T +41 91 913 35 35
T +41 91 913 31 88
communication@pkb.ch
www.pkb.ch
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PKB Private Bank AG
PKB Private Bank is a Swiss banking institution with an international focus, established in 1958 and specializing in private banking.
Headquartered in Lugano, with branches in Bellinzona, Geneva, and Zurich, along with a subsidiary in St. John's, Antigua (West Indies), and Panama City, PKB is comprised of a team of about 220 employees from various national and linguistic backgrounds.
The bank primarily focuses on private banking and offers a broad range of solutions. Its service spectrum is complemented by corporate banking and capital markets activities, an area in which it has become one of the leading independent market makers in the primary Swiss franc bond market.
PKB has signed the 'Swiss Banks and Securities Dealers Depositor Protection Agreement', thus guaranteeing customer deposits at the bank up to a maximum amount of CHF 100 thousand per customer.
Note: The "About Us" text is taken from public sources or from the company profile on HELP.ch.
Source: PKB Private Bank AG, Press release
Original article published on: PKB Private Bank zieht positive Bilanz für 2024