Cembra Money Bank AG is a Swiss credit institution headquartered in Zurich-Altstetten.[2] Cembra Money Bank operated under the name GE Money Bank until its IPO in early November 2013 and was part of the General Electric Group. Since November 2013, the credit institution has been listed on the Swiss stock exchange. Its main shareholders are currently Pictet, UBS Fund Management (Switzerland), and BlackRock Inc.[3]
Bank Prokredit was founded in 1912. In 1998, it came under the wing of GE Capital, which, the year before, had already acquired another Swiss consumer credit business, Bank Aufina, founded in 1953. It was not until 2006 that Prokredit, which had previously belonged to UBS, and Bank Aufina merged under the name GE Money Bank.[4] In the summer of 2013, GE Money Bank was to be sold to the Aduno Group, but the transaction fell through at the last moment.[5] This was followed by the IPO as Cembra Money Bank in the fall of 2013.[6] The successful IPO is considered the first major IPO on the Swiss stock exchange in a long time.[7] The name Cembra is derived from the Latin name for the Swiss stone pine pinus cembra and symbolizes the brand values of Cembra Money Bank.[6] In 2019, Cembra Money Bank acquired cashgate AG from the Aduno Group.[8]
^Michael Heim (12 December 2018). "Migros-Kreditkarte öffnet sich für Samsung Pay". Handelszeitung. Retrieved 30 December 2021.
^Daniel Imwinkelried (28 March 2018). "Postfinance und Cembra verbünden sich im Kreditgeschäft". Neue Zürcher Zeitung (NZZ). Retrieved 30 December 2021.
^"Verwaltungsrat". Cembra. Retrieved 30 December 2021.
^"Corporate Governance". Cembra. Retrieved 30 December 2021.
January 26, 2023
cembra, money, bank, swiss, credit, institution, headquartered, zurich, altstetten, operated, under, name, money, bank, until, early, november, 2013, part, general, electric, group, since, november, 2013, credit, institution, been, listed, swiss, stock, exchan. Cembra Money Bank AG is a Swiss credit institution headquartered in Zurich Altstetten 2 Cembra Money Bank operated under the name GE Money Bank until its IPO in early November 2013 and was part of the General Electric Group Since November 2013 the credit institution has been listed on the Swiss stock exchange Its main shareholders are currently Pictet UBS Fund Management Switzerland and BlackRock Inc 3 Cembra Money BankTypeJoint stock companyISINCH0225173167IndustryFinancial servicesFounded2013 10 years ago 2013 initial public offering formerly GE Money Bank HeadquartersAltstetten Zurich SwitzerlandKey peopleHolger Laubenthal CEO Felix Weber Chairman Number of employees1012 2020 1 Websitewww wbr cembra wbr ch Contents 1 History 2 Business areas 3 Management 4 ReferencesHistory EditBank Prokredit was founded in 1912 In 1998 it came under the wing of GE Capital which the year before had already acquired another Swiss consumer credit business Bank Aufina founded in 1953 It was not until 2006 that Prokredit which had previously belonged to UBS and Bank Aufina merged under the name GE Money Bank 4 In the summer of 2013 GE Money Bank was to be sold to the Aduno Group but the transaction fell through at the last moment 5 This was followed by the IPO as Cembra Money Bank in the fall of 2013 6 The successful IPO is considered the first major IPO on the Swiss stock exchange in a long time 7 The name Cembra is derived from the Latin name for the Swiss stone pine pinus cembra and symbolizes the brand values of Cembra Money Bank 6 In 2019 Cembra Money Bank acquired cashgate AG from the Aduno Group 8 Business areas EditCembra Money Bank offers products in the personal loans leasing Credit cards as well as savings market 9 The credit institution covers the entire Swiss market and the Principality of Liechtenstein as well as the neighboring countries 10 With the issuance of Migros Cumulus Mastercard Cembra Money Bank takes about 80 percent of the credit card business 11 All of the bank s cards can be used with Apple Pay Samsung Pay Garmin Pay Fitbit Pay and SwatchPay 12 13 In the crowdlending market Cembra has been cooperating with Postfinance s Lendico since 2018 14 Management EditHolger Laubenthal is CEO and Felix Weber is chairman of the board of directors 15 16 References Edit Annual Report 2020 Cembra Retrieved 30 December 2021 Commercial register Commercial Register Retrieved 30 December 2021 Hauptaktionare Cembra Money Bank AG Retrieved 30 December 2021 Cembra Money Bank AG Bern Schweizer Banken Retrieved 30 December 2021 Lukas Hassig 16 July 2013 Vincenz scheitert mit Kauf der GE Money Bank Inside Paradeplatz Retrieved 30 December 2021 a b Widerstandsfahig und stark verwurzelt Cembra Money Bank Retrieved 1 November 2021 Cembra Money Bank uber Placierungspreis Neue Zurcher Zeitung NZZ 30 October 2013 Retrieved 30 December 2021 Cembra und Aduno vollziehen Cashgate Ubernahme per heute Cash 2 September 2019 Retrieved 30 December 2021 Uber uns Cembra Archived from the original on 4 November 2013 Retrieved 30 December 2021 Cembra Money Bank AG Moneyhouse 24 September 2021 Retrieved 30 December 2021 Kreditkarten Deal mit Migros zu Ende Aktie von Cembra sturzt ab Cash 23 August 2021 Retrieved 30 December 2021 Mobile Payment Cembra Money Bank Cembra Retrieved 30 December 2021 Michael Heim 12 December 2018 Migros Kreditkarte offnet sich fur Samsung Pay Handelszeitung Retrieved 30 December 2021 Daniel Imwinkelried 28 March 2018 Postfinance und Cembra verbunden sich im Kreditgeschaft Neue Zurcher Zeitung NZZ Retrieved 30 December 2021 Verwaltungsrat Cembra Retrieved 30 December 2021 Corporate Governance Cembra Retrieved 30 December 2021 Retrieved from https en wikipedia org w index php title Cembra Money Bank amp oldid 1127869642, wikipedia, wiki, book, books, library,
