acrevis Bank to merge with Regiobank Männedorf in a CHF25.8m deal.

acrevis Bank, a regional bank specializing in residential property finance, financial planning, and private savings accounts, agreed to merge with Regiobank Männedorf, a provider of financial services, in a CHF25.8m deal. "This merger enables us to expand our market presence and strengthen long-term competitiveness. The proven values and regional proximity to RBM’s customers form the foundation for a successful integration. Both institutions also share a strong connection to their shareholders. Based on this common ground, we made a decision that meaningfully complements acrevis Bank’s existing strategy. acrevis Bank has the organisational structure and capital base needed to implement this step sustainably and successfully. The bank has already gained positive experience with similar integrations in the past—for example with Sparkasse Wiesendangen and Sparkasse Trogen," Stephan Weigelt, acrevis Bank Chairman of the Board of Directors.