Credit Suisse great revenue increase

Credit Suisse records new deposits intake, while the new assets' net worth increased to 16,7 billion of Suisse Franks

Suisse banking giant Credit Suisse announced on Thursday a revenue of 2,4 billion of Swiss Franks in the third trimester (1,6 billion Euros), in other terms 50% higher revenue comparing to the last trimester. The latest results witness a significant swerve comparing to the last year's third trimester when the Swiss bank influenced by an ongoing economic crisis produced a 1,3 billions of Swiss Franks loss.

Credit Suisse also notifies a recent increase in new deposits, which led to the increase in the new assets' net worth of the mentioned trimester to 16,7 billions of Swiss Franks comparing to scarcely 3,6 billions Swiss Franks in the third trimester 2008.

General Manager of the Bank, Brady Dougan expresses his content with the present business model and the competetive position.- If the situation in the current markets stabilizes, we expect to keep the current impetus. Even if the situation hardens by the time, we strongly believe that the Credit Suisse has nevertheless captured a good positioning in a reliable conduct. - 

Affected by the economic crisis, Credit Suisse announced at the end of the last year to abolish 5.300 boards thus aiming at the corporate expenses reduction. However, the company managed this year to adjourn the interval of negative conduct to such an extent that even its share of business responsible for the investment banking, considered to be the exclusive perpetrator responsible for considerate losses, reported a profitable business three trimesters in a role.