BIL Suisse CEO Hans-Peter Borgh: «Nothing But Rumors»
The Swiss private bank of Luxembourg-based BIL Group is celebrating its 40th anniversary in Switzerland this summer. In addition to its traditional wealth management services, BIL Suisse has increasingly been offering financial services for corporate clients over the past five years. Nevertheless, the bank is repeatedly seen as a potential takeover target. BIL Suisse CEO Hans-Peter Borgh addresses this issue in an interview with finews.tv.
Only a few private banks in Switzerland still operate across three locations. One of them is BIL Suisse. The institution, with Luxembourgish roots, is present not only at its headquarters in Zurich but also in Geneva and Lugano. In total, the company employs 125 people in Switzerland.
BIL Suisse sets itself apart from many competitors through its comprehensive service portfolio. Alongside traditional wealth management, the bank has significantly developed its corporate finance capabilities, offering advisory services to mid-sized enterprises and tailored financing solutions.
Parent Company With Strong Balance Sheet
«This is where we can differentiate ourselves most clearly from our competitors,» says Hans-Peter Borgh, CEO of BIL Suisse and also responsible for the group’s international business, in an interview with finews.tv.
In its corporate client business, BIL Suisse benefits from the strong balance sheet of its parent company in Luxembourg. The Grand Duchy, which, like Switzerland, holds a AAA rating, is a major financial center in Europe. The BIL Group is not only the oldest financial institution in the country but is also considered systemically important.
Ongoing Consolidation
Even so, BIL Suisse remains on the radar as a possible takeover target as consolidation in Swiss private banking gathers pace. But is there any truth to the speculation?
Speaking to finews.tv, Borgh remains unfazed: «I can say it openly – these are nothing but rumors. BIL Suisse is an integral part of our group.»
New Offices in Geneva – Crypto in Lugano
He emphasizes that the bank is investing in all three of its Swiss locations. In Geneva, BIL will move into new office space in the second half of 2025, while the Lugano office, with its focus on corporate clients from the crypto and blockchain sectors, plays a strategically central role.
The bank also hosts the rapidly growing «Decentralized Finance» conference every year in Lugano, which has become a premier gathering for the crème de la crème of the digital finance world.
Further Expansion
BIL Suisse also plans to further expand its team in Zurich, Borgh adds. With 90 percent of the group owned by Chinese investment firm Legend Holdings, the bank also benefits from expanded opportunities in Asia’s fast-growing markets.
Accordingly, Borgh sees himself well-positioned as the head of BIL Suisse – and ready to celebrate the bank’s 40th anniversary in Switzerland in style.
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