{"id":29101,"date":"2023-11-03T15:37:33","date_gmt":"2023-11-03T14:37:33","guid":{"rendered":"https:\/\/test.pfandbriefbank.ch\/assignment-mission-statement-approach\/"},"modified":"2024-10-18T07:00:30","modified_gmt":"2024-10-18T05:00:30","slug":"assignment-mission-statement-approach","status":"publish","type":"page","link":"https:\/\/pfandbriefbank.ch\/en\/assignment-mission-statement-approach\/","title":{"rendered":"Assignment, Mission statement, Approach"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.23&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;RGBA(255,255,255,0)&#8221; custom_padding=&#8221;0px|||||&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row _builder_version=&#8221;4.25.1&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.23.1&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;rgba(255,255,255,0.9)&#8221; custom_padding=&#8221;30px|30px|30px|30px|true|true&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text ul_position=&#8221;inside&#8221; ul_item_indent=&#8221;15px&#8221; _builder_version=&#8221;4.25.1&#8243; _module_preset=&#8221;default&#8221; ul_font=&#8221;||||||||&#8221; ul_text_align=&#8221;left&#8221; ul_line_height=&#8221;1.3em&#8221; header_line_height=&#8221;1em&#8221; hover_enabled=&#8221;0&#8243; custom_css_free_form=&#8221;.entry-content ul {||    list-style: none !important;||}||||.entry-content li:before {||    content: &#8216;- &#8216;;||    position: absolute;||    margin-left: -10px;||}&#8221; global_colors_info=&#8221;{}&#8221; header_2_line_height=&#8221;0em&#8221; sticky_enabled=&#8221;0&#8243;]<\/p>\n<h1><\/h1>\n<h1>Assigment, Mission statement, Approach<\/h1>\n<h2><\/h2>\n<p>&nbsp;<\/p>\n<h2>Our legal assignment is defined as:<\/h2>\n<ul>\n<li>&#8220;&#8230;to arrange long-term mortgage loans at possibly constant and low interest rates for landowners&#8221; (art. 1 PfA).<\/li>\n<li>For this purpose we issue Pfandbriefe<sup><span>\u00ae<\/span><\/sup>. We use the proceeds to grant our members loans against mortgage collateral.<\/li>\n<li>Only the two Pfandbrief institutions have the right to issue Pfandbriefe. That\u2019s why they are strictly regulated. The Federal Council has the right to appoint a representative of the mortgage debtors as a member of the administrative board (Art. 37 PfG).<\/li>\n<\/ul>\n<h2>Our mission statement is defined as:<span style=\"font-size: 14px;\">\u00a0<\/span><\/h2>\n<ul>\n<li><span style=\"font-size: 14px;\">We make a significant contribution to the secure, long-term stable and cost-effective financing of the domestic building stock. As the basis for the population to live and work, it forms a necessary foundation for social peace and prosperity.<\/span><\/li>\n<li><span style=\"font-size: 14px;\">We are making a significant contribution to the financial viability of the ongoing transition of the Swiss building stock towards greater energy efficiency and a better greenhouse gas balance. In doing so, we are creating a basic prerequisite for achieving the Swiss electorate&#8217;s net-zero target for 2050.<\/span><\/li>\n<li><span style=\"font-size: 14px;\">The Pfandbriefbank is the extended arm of the issuing departments and treasuries of its members, who are both our shareholders and our borrowers. For them, it is the most favorable source of refinancing for long-term loans.<\/span><\/li>\n<li><span style=\"font-size: 14px;\">Our Pfandbriefe offer investors the opportunity to invest regularly and in considerable volumes in bonds of the very highest credit rating (Aaa\/m\u00fcndelsicher) that are eligible\u00a0 for repo transactions. Investors also value our Pfandbriefe because of their good liquidity on the secondary market.<\/span><\/li>\n<li><span style=\"font-size: 14px;\">Pfandbrief institutions are among the few non-public-sector borrowers whose issues belong to the highest credit rating class. Their bonds have a market share in the Swiss bond market for domestic borrowers.<\/span><\/li>\n<li><span style=\"font-size: 14px;\">The \u201cSwiss Pfandbrief<sup><span>\u00ae<\/span><\/sup>\u201d brand stands for absolutely top investment quality. Swiss Pfandbriefe<sup><span>\u00ae<\/span><\/sup> enjoy preferential regulatory treatment.<\/span><\/li>\n<li><span style=\"font-size: 14px;\">We fulfill our legal mandate in a resource-conserving and sustainable manner.<\/span><\/li>\n<\/ul>\n<h2>Our Approach is defined as:<\/h2>\n<ul>\n<li>Pfandbriefbank is designed for security, stability and longevity. This also includes the sustainable use of our resources. Under the premise of complying with our legal\u00a0 \u00a0 \u00a0 \u00a0 mandate, we create meaningful incentives to achieve the net-zero emissions target for 2050.<\/li>\n<li><span style=\"font-size: 14px;\">For our members, we are an independent, reliable source of refinancing for low-interest loans.<\/span><\/li>\n<li><span style=\"font-size: 14px;\">For investors, we are a welcome, regularly issuing, large borrower with standardized and well-established, repo-eligible products of the highest quality and a liquid secondary market<\/span><\/li>\n<li><span style=\"font-size: 14px;\">We aim to design and offer our products (Pfandbriefe\/loans) and services to be of the highest quality, easy to handle and, as far as possible within the tight legal framework, innovative, market-oriented and flexible.<\/span><\/li>\n<li><span style=\"font-size: 14px;\">We invest our own funds primarily with a focus on security and liquidity, and secondarily in a risk\/return-optimized manner. We avoid investments in companies with high ESG risks.<\/span><\/li>\n<li><span style=\"font-size: 14px;\">Our corporate governance is up to date. As a joint venture with a \u201cself-help character\u201d, we are close to our members, but ensure balanced representation and safeguard our independence from individual members or member groups.<\/span><\/li>\n<li><span style=\"font-size: 14px;\">For our employees, we are a progressive, attractive employer that demands a high level of reliability.<\/span><\/li>\n<li><span style=\"font-size: 14px;\">A Pfandbriefbank shareholder is a bank because of its access to the capital market.<\/span><\/li>\n<\/ul>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.23.1&#8243; _module_preset=&#8221;default&#8221; custom_css_free_form=&#8221;.entry-content ul {||    list-style: none !important;||}||||.entry-content li:before {||    content: &#8216;- &#8216;;||    position: absolute;||    margin-left: -10px;||}&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Assigment, Mission statement, Approach &nbsp; Our legal assignment is defined as: &#8220;&#8230;to arrange long-term mortgage loans at possibly constant and low interest rates for landowners&#8221; (art. 1 PfA). For this purpose we issue Pfandbriefe\u00ae. We use the proceeds to grant our members loans against mortgage collateral. Only the two Pfandbrief institutions have the right to issue Pfandbriefe. That\u2019s why they are strictly regulated. The Federal Council has the right to appoint a representative of the mortgage debtors as a member of the administrative board (Art. 37 PfG). Our mission statement is defined as:\u00a0 We make a significant contribution to the secure, long-term stable and cost-effective financing of the domestic building stock. As the basis for the population to live and work, it forms a necessary foundation for social peace and prosperity. We are making a significant contribution to the financial viability of the ongoing transition of the Swiss building stock towards greater energy efficiency and a better greenhouse gas balance. In doing so, we are creating a basic prerequisite for achieving the Swiss electorate&#8217;s net-zero target for 2050. The Pfandbriefbank is the extended arm of the issuing departments and treasuries of its members, who are both our shareholders and our [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"class_list":["post-29101","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/pfandbriefbank.ch\/en\/wp-json\/wp\/v2\/pages\/29101","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pfandbriefbank.ch\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/pfandbriefbank.ch\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/pfandbriefbank.ch\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/pfandbriefbank.ch\/en\/wp-json\/wp\/v2\/comments?post=29101"}],"version-history":[{"count":46,"href":"https:\/\/pfandbriefbank.ch\/en\/wp-json\/wp\/v2\/pages\/29101\/revisions"}],"predecessor-version":[{"id":33753,"href":"https:\/\/pfandbriefbank.ch\/en\/wp-json\/wp\/v2\/pages\/29101\/revisions\/33753"}],"wp:attachment":[{"href":"https:\/\/pfandbriefbank.ch\/en\/wp-json\/wp\/v2\/media?parent=29101"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}