2020 proved to be one of the most difficult years, and most facets of the economy were greatly affected. The banking and financial sector was not left behind as the effects of the global pandemic ravaged the economy. As some financial institutions capitalized on the increased customer and investor activities with their banks, some banks took a relative un [unpopular decision.
Mirabaud Bank is a privately owned financial institution that operates from its Genevan office, and it’s one of these banks that decided to protect the interest and champion their welfare compared to making huge profits. According to its senior partner Yves Mirabaud, the bank made a conscious decision of not charging extra or any additional fees during the Covid 19 pandemic but instead lowering the costs charged by the bank in the majority of its operations. In so doing, the bank protected most of its customers in acts of humility.
Yves Mirabaud disclosed in an interview with finews.com that the bank was working on a digital platform powered by technology. This platform will enable the realization of its digitization goal.
Yves Mirabaud did not shy away from noting that the company revenue shrieked in the year 2020, and to a normal eye, this wasn’t very pleasant. Based on Yves Mirabaud’s expert and professional experience in the industry,2020 will go down as one of the most successful years in the financial market. To the Mirabaud bank, it’s one of the best financial years in over five years. Compared to the revenue projections for 2019 and 2018, it might seem like a mirage due to the amount of revenue the bank raised.
Yves notes that 2020 allows the company to act in humility and support of their clients and the results that they managed to post were pleasing. The return on equity departs posted an increase in estimates that were recorded to stand at 15 percent. This was pleasing and encouraging to the investors who have trusted the bank as one of its best investment options. Visit this page to learn more.
Find more information about Mirabaud on https://ch.linkedin.com/in/yves-mirabaud-b7914a17