Our legal status as a cooperative bank requires us to work in the best interest of our stakeholders, which are called "Genossen". We do not maximize our profit, we maximize our ability to survive the next 100 years and the ability to fulfill our cooperative service mandate.
We therefore pursue a very conservative investment policy. Loss avoiding is one of our most important principles. We believe that seldom gains in previous - or even current - business periods can cover the potential losses that can occur. We do not like the theory of expectes losses, that can be calculated and must be overcompensated by a higher nominal yield. We believe that putting our money in safe places is the best way to safeguard steady and appropriate returns. "Safe places" does not necessarily mean "risk free". We concentrate on risks that we believe we are able to manage.
We strongly believe that there is a positive correlation between acting sustainably and being economically successful. Most of the economically catastrophic events that make big companies fail can be attributed to unsustainable behaviour.
We therefore act sustainably and follow those, who do the same.