The Cantonal Bank of St. Gallen Group applies a balanced business model based on two revenue sources of equal importance.
This model seeks to maintain net interest and other income sources in equal proportions. It develops additional growth potential and ensures steadily rising income.
Overall, the strategic approaches outlined above will enable the Group to maintain a rational focus on sustainable and risk-aware growth of its volume and earnings.
The Board of Directors and Management Board are confident that differentiation and strong growth will also have a significant impact on future commercial success.
By implementing the strategy, the SGKB seeks to achieve the following objectives in the medium term:
|Growth of loans to clients||3 %|
|Growth of funds under management (net new money)||4 %|
|Cost/income ratio||50 %|
|Return on equity, pre-tax||10 %|