Cembra extends digital app to personal loan customers in Switzerland

Cembra Money Bank AG ( (CH:CMBN) ) has provided an update.

Cembra has expanded its mobile Cembra App to include personal loan customers, advancing its strategy to build a cross-product, highly secure digital platform. Users of personal loans can now view and manage contracts, invoices and payments, access detailed product and payment information, retrieve annual interest statements, update contact and address data, and purchase supplementary insurance directly via the app, which is already used for credit cards and leasing. This broader digital offering is designed to improve transparency and customer experience, cementing Cembra’s positioning as a digitally focused lender in Switzerland and potentially increasing customer engagement and operational efficiency across its lending portfolio.

The most recent analyst rating on (CH:CMBN) stock is a Hold with a CHF91.70 price target. To see the full list of analyst forecasts on Cembra Money Bank AG stock, see the CH:CMBN Stock Forecast page.

More about Cembra Money Bank AG

Cembra Money Bank AG is a leading Swiss provider of financing and payment solutions, offering personal loans, vehicle financing, credit cards, related insurance products, invoice financing and savings products. Operating across Switzerland through physical locations, online channels, partners and intermediaries, the Zurich-headquartered bank serves over 2 million customers, employs more than 850 staff and has been listed independently on the SIX Swiss Exchange since 2013, with an A- rating from Standard & Poor’s and recognition from ESG rating agencies for its sustainability performance.

Average Trading Volume: 56,624

Technical Sentiment Signal: Strong Buy

Current Market Cap: CHF2.83B

For a thorough assessment of CMBN stock, go to TipRanks’ Stock Analysis page.