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UBS to Maintain Switzerland Loan Book at Over $411 Billion
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UBS to Maintain Switzerland Loan Book at Over $411 Billion
Sep 11, 2024 9:18 AM

08:52 AM EDT, 09/11/2024 (MT Newswires) -- UBS (UBS) is aiming to continue providing about 350 billion Swiss francs ($411.55 billion) of loans in Switzerland as its commitment to its home market "is stronger than ever," an executive said at a conference Wednesday.

"We want to be the partner of choice for customers and to support them on all financial matters," UBS Switzerland country head, Sabine Keller-Busse, said at the UBS Best of Switzerland Conference, according to a transcript.

"The rescue of Credit Suisse by UBS combines two leading franchises in Switzerland... and both UBS clients and former Credit Suisse clients are benefitting from our combined strength," the executive said.

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