April 9, 2021

SARON rate mortgage at CA next bank

At CA next bank, you can take out a mortgage based on the SARON (Swiss Average Rate Overnight) rate. But what is the SARON rate?

All financial institutions in Switzerland are preparing to discontinue LIBOR, along with the United Kingdom, Japan, the United States and other countries, in favour of alternative reference rates. On 5 March 2021, the Financial Conduct Authority (FCA) announced the cessation of CHF LIBOR as of 31 December 2021. The Swiss national working group recommended using SARON (Swiss Average Rate Overnight) as an alternative reference rate in CHF.

Now, a new SARON mortgage is available at CA next bank. Who are these mortgages suitable for? How do they work? How are they different to LIBOR?

You will find below answers to the most frequently asked questions:



April 25, 2023

Being an actor for a sustainable society: CSR at the heart of our actions

“The raison d’être of the Crédit Agricole group should translate into acts.” In this Q&A, Pierre Fortis, Director of Marketing, Communication and IT, shares with you how Crédit Agricole next bank is taking a dedicated approach towards sustainability, both internally and by your side.

April 17, 2023

Inflation, rate-hikes… Has the property market lost its bearings?

The year 2022 marked the end of a prolonged period of low inflation, with the last quarter of the year seeing a historic high of 3.5% annual inflation for Switzerland. After having raised its key interest rate three times in 2022, the Swiss National Bank (SNB) raised it again on 23 March. If, however, you wish to buy or sell in 2023, focusing on the numbers alone is not necessarily the right strategy. In this interview, Slimane Mansouri, Regional Director for French-speaking Switzerland, explains which other criteria should be considered.

February 15, 2023

New inheritance law: What changes in 2023

Swiss inheritance law was passed over a century ago. Despite a few changes, it is out of step with modern living situations and family models. Consequently, the Swiss Federal Council has been tasked with reviewing inheritance laws and providing greater flexibility. What are the changes as of 1 January 2023?