UBS Corporate Banking review explained by professional online banking experts the ForexSQ group, All you need to know about UBS Corporate Banking, For more information about UBS Bank you can also visit UBS reviews by ForexSQ.com banking reviews website, The TopForexBrokers.com online banking experts, or Fxstay.com investing company and get all information you need to know about the UBS Business Banking.
What is UBS Corporate Banking
UBS’s Personal & Corporate Banking division delivers financial products and services to retail, corporate and institutional clients in Switzerland. It also provides stable and substantial profits for the Group and revenues opportunities for businesses within the bank. UBS maintains a leading position in the retail and corporate loan market in Switzerland; in fact, it serves one in three pension funds, more than 85% of the 1,000 largest Swiss corporations and 85% of banks that resides within the nation. In 2015 and 2017, the international financial magazine Euromoney named UBS “Best Domestic Cash Manager Switzerland”. At the end of 2016, its lending portfolio reached CHF 133.9 billion. The 73% of this sum was secured by residential property and the 15% by commercial and industrial properties.
The products that this UBS division offers range from cash accounts, payments, savings and retirement solutions to investment fund products, residential mortgages and advisory services. This business division constitutes a central building block of UBS’s universal bank delivery model in Switzerland and it supports other divisions, such as Investment Bank, by referring clients to them and by assisting them to build their wealth to a level at which they can be transferred to UBS Wealth Management.
The retail and corporate distribution network comprises not only customer service centers, but 1,250 teller machines and self-service terminals, as well as digital banking services.
UBS’s main competitor in this division is Credit Suisse.