5. June 2020

Lifting of the ban on loans and mortgages vital for PostFinance

Today the Federal Council opened the consultation procedure on the partial revision of the Postal Services Organization Act. The key element of the bill is the lifting of the ban on PostFinance providing loans and mortgages. Swiss Post and PostFinance expressly support the Federal Council’s proposal. It is essential that the ban is lifted for PostFinance and to ensure overdue equal treatment with other Swiss banks. With a strong PostFinance, Swiss Post can maintain public service provision for Switzerland and viably improve it for the future.