BCGE – The bank welcomes its 15,000th shareholder
Geneva, 18 September 2020 - Banque Cantonale de Genève (BCGE) passed the threshold of 15,000 shareholders this summer. In addition to Geneva's public shareholders (State 44.3%, City 20.9% and municipalities 7.4%), private and institutional shareholders have seen encouraging growth, ensuring good liquidity and a broad distribution.
The bank's private shareholder base, which is made up of a large number of Geneva residents, is broadly diversified, with 83% of shareholders holding between 1 and 50 shares. In addition, as at 30.06.2020, the bank’s employees hold 3% of the share capital which reinforces the alignment of asset interests between shareholders and employees. Lastly, the split of the nominal value (from 100 to 50) in 2017 has also contributed to making the BCGE share more affordable for investors.