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Microbanks remain strong

The five establishments did not emerge unscathed from five years of negative rates. But their regional vocation seems to protect them.

Poncturing accounts while the notion of savings has been an integral part of your identity since the 19th century, the prospect has enough to give white hair to the bosses of Vaud microbanks, five secular establishments, almost unique in French-speaking Switzerland. “We wonder who will be the first to charge negative savings rates, since we know that this is not …

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