Swiss private bank EFG International reports dip in annual profit

EFG International AG

22/02/2023 06:17

ZURICH, Feb 22 (Reuters) - EFG International's  EFGN.S 
net profit fell 1.7% to 202.4 million Swiss francs  ($218.50
million) last year, the Swiss private bank said on Wednesday.
    Assets under management declined to 143.1 billion from 172
billion Swiss francs at the end of 2021, almost matching the
143.6 billion predicted by analysts at Zuercher Kantonalbank and
a slight increase from the 140.9 billion francs the company
reported at the end of the third quarter.
($1 = 0.9263 Swiss francs)
 (Reporting by Noele  Illien, editing by John Revill)
 ((Noele.Illien@thomsonreuters.com; +41 41 528 39 73;))