Public limited company with special legal status
Since June 2013, Swiss Post has been a public limited company with special legal status. The strategic subsidiaries, Post CH Ltd, PostFinance Ltd and PostBus Switzerland Ltd now come under the umbrella of the parent, Swiss Post Ltd. With the change in legal status, Swiss Post has obtained the modern structures and entrepreneurial freedom it needs to carry out its varied tasks. The Confederation remains the full owner – in its new role of shareholder.
At the same time, PostFinance became subject to regulation by the Swiss Financial Market Supervisory Authority (FINMA) and received its banking licence. This allows PostFinance to independently offer products for which it previously required partnerships with banks. However, in accordance with the Postal Organization Act, it still cannot issue its own loans and mortgages. It continues to work with other banks in this area.
Swiss Post continues to provide high-quality universal services, and, in doing so, makes an important contribution to a modern, efficient public service in Switzerland.