Private bank EFG International increased its net profit again in the first half of 2026 while accelerating net new asset growth. Following the completion of its acquisition of Quilvest, the Zurich-based bank now manages more than 200 billion Swiss francs in client assets for the first time.
Net new assets reached 5.7 billion Swiss francs. (Photo courtesy)
Wednesday, 22 July 2026 07:17
Net profit attributable to shareholders rose to 184.6 million Swiss francs in the first six months of the year. Adjusted for one-off items in the prior-year period, this represents an increase of 5 percent. Assets under management stood at 196.3 billion Swiss francs at the end of June, up 21 percent from a year earlier. Following the completion of the acquisition of Zurich-based private bank Quilvest on 21 July, EFG’s assets under management exceeded the 200-billion-Swiss-franc milestone.
Net new assets reached 5.7 billion Swiss francs, corresponding to an annualised growth rate of 6.2 percent, above the bank’s strategic target range of 4 to 6 percent. It also marked the 15th consecutive half-year of positive net inflows. Continental Europe and the Middle East recorded particularly strong growth, with 2.3 billion Swiss francs in net new assets, while the Asia-Pacific region contributed 2.2 billion Swiss francs.
