The Swiss Cembra Money Bank AG is a credit institution and specialized in personal loans (Cembra Kredit), leasing, credit cards and savings. The credit institution primarily targets the Swiss market as well as the Principality of Liechtenstein, but also its direct neighbors.
Cembra Money Bank was founded back in 1912 as Bank Prokredit. In 1998, the credit union was acquired by GE Capital. In 2006, Bank Pro Kredit and Bank Aufina were merged under the name GE Money. In 2013, the banking house should be sold. Under the name of Cembra Money Bank, however, the IPO followed in the same year. GE Capital respectively. General Electric has since held about a third of the shares, the rest is free float. The name of the credit institution is derived from the Latin term pinus cembra for Swiss stone pine and represents the bank's brand values.
Cembra Money Bank AG is headquartered in Zurich, but the company also has branches in Basel, Berne, Montreux, St. Gallen and other cities. Gallen, Winterthur, Geneva and Lausanne.
Cembra Money Bank's loan offering
In addition to the classic cash loan, Cembra Money Bank also offers other attractive products:
- Cash credit Plus (for flexible financing)
- Financing Plus (loan for financing vehicles)
The Cembra cash credit
Cembra Money Bank's cash loan can be customized and discreet depending on personal needs and individual requirements. The contract terms are between 6 and 72 months, the possible loan amount is between 500 CHF and 250,000 CHF. Longer terms are possible in principle and can be agreed individually.
Cembra Money Bank offers the cash credit at interest rates of 7.95% or 9.95. This interest is tax deductible in many places. The interest rate is determined based on personal circumstances and is done in consultation with the customer. A quote is provided as part of the online application process.
In any case, the borrower must have a residence in Switzerland or the Principality of Liechtenstein and indicate a possible change of residence. If the place of residence is moved abroad, the loan must be redeemed. Key requirements for loan approval are that the customer is of legal age and gainfully employed. Consumers who work in Switzerland and have a Swiss bank account can also apply for a loan.
Advantages Cembra Money Bank
Cembra Money Bank places a high value on accountability and transparency. Therefore, loans are granted exclusively if the customer is not in danger of over-indebtedness.
The advantages at a glance:
- Flexible loan amount and contract term
- Monthly payments to fit your individual budget
- Planning security through fixed monthly installments
- Great transparency
- Fast and unbureaucratic processing
- Early repayment possible
- Remission of the remaining debt in the event of death
The credit can be easily applied for on the credit application online. Within shortest time then the examination, the credit decision and the transmission take place by our partners. After the contract is signed, the agreed loan amount is paid out after a statutory waiting period of 14 days.