Banks Viseca increases sales, profit and transaction turnover in 2024
Bank card issuer Viseca increased its turnover and profit in the 2024 financial year. It expects slight growth this year. Turnover rose by 3.6% to CHF 522.6 million and net profit by 2.7% to CHF 122.8 million.
07.03.2025, 20:53
SDA
The "very good result" is due to both growth and the "consistent cost management" of recent years. It was the best year to date, Viseca wrote in a press release on Friday.
Transaction turnover also increased once again by 5.2 percent to 36.9 billion Swiss francs. This means that Viseca cards are used to make over 1.4 million payments and over 100 million francs worth of purchases every day. Once again, debit cards and the Cumulus portfolio were the main drivers of growth, according to the press release. The card portfolio grew by 1.8 percent to over 4.3 million cards.
Since October 2023, Viseca has raised a total of 565 million Swiss francs with three bonds. This means that "capital requirements are covered for the foreseeable future and the desired diversification of financing instruments has been achieved", the company continues. In addition, Viseca was able to extend all bilateral credit agreements early in 2024.
At the end of 2024, Viseca employed 790 people (full-time equivalents) compared to 774 at the end of 2023.
