Bellevue Group confirms the sale of Bank am Bellevue following a rough end to 2018.
As communicated on the occasion of the annual financial statements on 26 February 2019, the Bank's repositioning in the current environment is proving difficult. The results achieved so far do not correspond to the expectations and ambitions of the Board of Directors and Group Management.
Against this back- ground, Bellevue Group is reviewing various strategic options for Bank am Bellevue. In this context, it also has discussions with potential interested parties about a sale of the bank.
To date, no contract has been concluded. The Bellevue Group will inform shareholders and the public as soon as relevant developments arise.