Reported 23 days ago
A recent survey by Swissmem indicates that nearly 25% of Swiss industrial companies are dissatisfied with UBS's banking services, particularly in lending, following its 2023 takeover of Credit Suisse. The survey highlights concerns over worsened loan conditions and interest rates, with only 2% of respondents noting any improvement. UBS stated it is examining the feedback while reaffirming its commitment to maintaining substantial credit provision.
Source: YAHOO