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Cembra Is Also Leaving the City of Zurich

Summary by finews.com
Cembra, the bank specialising in consumer loans, is turning its back on Zurich and will move into a new headquarters in Baden in 2027. Coming shortly after Bank Vontobel’s decision to relocate to Baar, the move is another bad omen for Zurich’s attractiveness as a financial centre.

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The Cembra Money Bank is moving its headquarters to Baden. There is a modern office building. But the bank should also save taxes.

·Zürich, Switzerland
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Another financial institution is turning its back on the city of Zurich. The consumer credit bank Cembra is moving its headquarters from Zurich Altstetten to Baden.

·Bern, Switzerland
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Two banking giants leave Zurich: what consequences for the financial centre? Banks leave Zurich: what challenges for the financial centre? In the space of a few weeks, the Cembra and Vontobel groups announced the transfer of their respective seats to ... <p>The post-Switzerland: Two banking giants leave Zurich: what consequences for the financial centre? first appeared on The Informant.</p>

After Vontobel, Cembra is also moving its headquarters from Zurich. Around 660 employees are expected to move to the new Konnex complex in Baden. The article Zurich loses financial giants: After Vontobel, Cembra also leaves appeared first on Vesti Online.

In 2027, Cembra Bank also moved from Zurich to Vontobel: the new headquarters will be in Baden AG. 660 jobs migrate to the Aargau. With the departure of Bank Vontobel, the Zurich financial centre is already losing 1500 jobs.

·Zürich, Switzerland
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Small-credit card bank relocates headquarters from Altstetten to Baden – like Vontobel nix wie weg. Who still pays tax in Rotgrün-Züri? The news is a slap in the neck for the big business center. Cembra headquarters from Zurich-Altstetten to Baden. Bumm. After the family bank Vontobel the small-credit and credit card bank is now out of its way. Nix wie weg hier. Steuer wie nowhere else in Switzerland, [...]

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finews.ch broke the news on Thursday, September 24, 2026.
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