Migros Bank
in Switzerland 🇨🇭
Crypto-Friendliness
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About Migros Bank in Switzerland
Migros Bank is a Swiss universal bank that ranks among the top ten largest banks in Switzerland by balance sheet total. As a wholly-owned subsidiary of the Federation of Migros Cooperatives, Switzerland's largest retail company, the bank focuses primarily on retail banking, real estate financing, and services for small to medium-sized enterprises. With over 1 million customers and approximately CHF 61 billion in total assets as of 2024, Migros Bank operates as a customer-centric institution that prioritizes creating customer value over profit maximization.
The bank is not publicly traded, allowing it to focus on customer benefits rather than shareholder returns. This cooperative philosophy, inherited from its parent company, shapes its approach to banking by offering competitive interest rates and lower fees compared to many traditional Swiss banks.