The Norinvest group in 2020

Norinvest Holding SA (hereinafter “NIH”) focusses its attention on managing its sole equity holding, Banque Cramer & Cie SA (hereinafter the “Bank” or “BCC”). By far the most significant influence on the conduct of business in 2020 has been the coronavirus pandemic. It required a capacity to adapt very quickly to new constraints.

The sharp correction in the financial markets did not have a significant impact on client assets. Careful asset management has made it possible to preserve them. Credit collaterals have equally held up well and no damage is to be noted for BCC.