SBA welcomes Sygnum Bank as new member
Sygnum Bank became a member of the Swiss Bankers Association (SBA), the umbrella association of banks in Switzerland, at the most recent meeting of the SBA’s Board of Directors. This further enlarges the group of banks working to secure the future of the Swiss financial centre.
The SBA is delighted to welcome Sygnum Bank as its newest member. The Association’s Board of Directors voted to accept Sygnum Bank AG as a member of the Swiss financial centre’s umbrella association at its meeting at the end of December. As an integral part of the SBA, Sygnum Bank will work together with the other members to ensure optimal frameworks for Swiss-based banks both in Switzerland and internationally.
“We are delighted to welcome yet another bank to our Association in the shape of Sygnum Bank AG. Our banks can achieve more by pooling their resources in the interests of an innovative and competitive financial centre. Sygnum Bank AG is sure to strengthen our expertise in the area of digital assets,” says SBA CEO Jörg Gasser.
Matthias Imbach, Group CEO of Sygnum Bank, comments: “We are very pleased to become a member of the Swiss Bankers Association, which provides us with a further outlet for our expertise in digital assets and allows us to join with others in positively influencing the innovative power of the Swiss financial centre.”
About the Swiss Bankers Association (SBA)
As the umbrella association and voice of Swiss banks, the Swiss Bankers Association is committed to ensuring optimal framework conditions for the Swiss financial centre both at home and abroad. The SBA represents the banking industry’s interests vis-à-vis the private sector, policymakers, the government and the supervisory authorities. It advocates for open markets, scope for entrepreneurial freedom and a level playing field. As a centre of competence, the SBA propagates banking expertise and actively engages in future topics. It was founded in Basel in 1912, and its membership comprises around 300 institutions and some 11,500 individuals.
Sygnum is the world’s first digital asset bank, and a digital asset specialist with global reach. With Sygnum Bank AG’s Swiss banking licence, as well as Sygnum Pte Ltd’s capital markets services (CMS) licence in Singapore, Sygnum empowers institutional and private qualified investors, corporates, banks, and other financial institutions to invest in the digital asset economy with complete trust. Sygnum operates an independently controlled, scalable, and future-proof regulated banking platform. Our interdisciplinary team of banking, investment, and Distributed Ledger Technology (DLT) experts is shaping the development of a trusted digital asset ecosystem. The company is founded on Swiss and Singapore heritage and operates globally. To learn more about Sygnum, please visit www.sygnum.com.
For more information, or to arrange an interview, please contact the following:
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Sygnum Bank AG
This document was prepared by Sygnum Bank AG. This document may contain forward looking statements and may be subject to change. The opinions expressed herein are those of Sygnum Bank AG, its affiliates, and partners at the time of writing. The document is for informational purposes only and contains general material. It is for use by the recipient only. It does not constitute any advice or recommendation, an offer or invitation by or on behalf of Sygnum Bank AG to purchase or sell assets or securities. It is not intended to be used as a general guide to investing, and should be used for informational purposes only. When making an investment decision, you should either conduct your own research and analysis or seek advice from an expert to make a calculated decision. The information and analyses contained in this document have been compiled from sources believed to be reliable. However, Sygnum Bank AG makes no representation as to its reliability or completeness and disclaims all liability for losses arising from the use of this information.