Swiss lender EFG posts 10% rise in net profit

EFG International AG

24/07/2024 06:18

ZURICH, July 24 (Reuters) - Swiss bank EFG International
 EFGN.S  said on Wednesday net profit grew by 10% to a record
162.8 million Swiss francs ($182.7 million) during the first
half of 2024.
    The lender said that inflows reached 5.2 billion francs by
the end of June, corresponding to an annualised growth rate of
7.3%, and exceeding EFG's target range of 4-6%.
    ($1 = 0.8910 Swiss francs)

 (Writing by Dave Graham
Editing by Ludwig Burger
)
 ((dave.graham@thomsonreuters.com; Reuters Messaging:
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