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Cantonal Banks
The cantonal banks (''German: Kantonalbank, French: banque cantonale, Italian: banca cantonale)'' are 24 Swiss government-owned commercial banks. Most of them were founded between 1834 and 1916, although the Banque cantonale du Jura was founded in 1979 – due to the separation of Jura from the Canton of Berne, which occurred in 1978. 21 are provided by the canton in which they are based with a guarantee for the assets held there. Description Traditionally, cantonal banks are especially strong in savings and mortgage products. Currently they are in the process of being partially privatised. The cantonal banks are organised and regulated by the Association of Swiss Cantonal Banks, with its office in Basel. As a group, the cantonal banks account for about 30% of the banking sector in Switzerland, with a network of over 800 branches and 16 000 employees in Switzerland. In 2014 consolidated total assets of all cantonal banks accounted around 500 bln CHF, which is comparable wit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Verband Schweizerischer Kantonalbanken Logo
An umbrella organization is an association of (often related, industry-specific) institutions who work together formally to coordinate activities and/or pool resources. In business, political, and other environments, it provides resources and often identities to the smaller organizations. In this kind of arrangement, it is sometimes responsible, to some degree, for the groups under its care. Examples * AFL–CIO and other national trade union centers * DD172 * Department of Public Safety * European Armenian Federation for Justice and Democracy * European Music Council * European Federation for Welding, Joining and Cutting (EWF) * Federation of Poles in Great Britain * Federation of Student Islamic Societies * Independent Sector * National Retail Federation * National Wrestling Alliance * Open Source Geospatial Foundation * Software in the Public Interest * UEFA * Ulster Defence Association *United Way * Yamaguchi-gumi * National Federation of Coffee Growers of Colombia Asia ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banca Dello Stato Del Cantone Ticino
Banca dello Stato del Cantone Ticino is a Swiss cantonal bank which is part of the 24 cantonal banks serving Switzerland's 26 cantons. Founded in 1915, Banca dello Stato del Cantone Ticino in 2014 had 21 branches across Ticino with 448 employees; total assets of the bank were 10 854.15 mln CHF. Banca dello Stato del Cantone Ticino has full state guarantee of its liabilities. Notes and references See also * Cantonal bank * List of banks in Switzerland External links * {{coord, 46.1957, N, 9.0246, E, source:wikidata, display=title Ticino Ticino (), sometimes Tessin (), officially the Republic and Canton of Ticino or less formally the Canton of Ticino,, informally ''Canton Ticino'' ; lmo, Canton Tesin ; german: Kanton Tessin ; french: Canton du Tessin ; rm, Chantun dal Tessin . ... Economy of Ticino Companies based in Bellinzona ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Schaffhauser Kantonalbank
Schaffhauser Kantonalbank is a Swiss cantonal bank that serves and is based in Schaffhausen. Organisation Schaffhauser Kantonalbank was founded in 1883. It is wholly owned the Swiss Canton of Schaffhausen and serves the area with six branches and ten ATMs. The bank offers both public and commercial banking services including savings, cards, real estate and investments. The bank has assets of 8.83mln CHF (2020) and recorded a profit of 45.96mln CHF (2020). By market share, Schaffhauser Kantonalbank is the 46th largest bank in Switzerland, and 18th largest Kantonalbank. In 2015, the bank had to pay $1.6mln USD to the Department of Justice for unpaid tax of 182 accounts held by US customers. Management structure The Bank Council is the supervisory body of the Schaffhauser Kantonalbank. This consists of nine members and is currently chaired by Florian Hotz. The Canton of Schaffhausen determines the members. The organisational management is led by Martin Vogel, CEO. He previo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Luzerner Kantonalbank
''Luzerner Kantonalbank'' is the cantonal bank and the dominant retail banking group in the Swiss canton of Lucerne, with a market share of 50-60%. It is main focus on financing small businesses and personal mortgages in the local economy, the bank has avoided some of the issues facing its larger peers in Switzerland and non-performing loans remain at negligible levels. See also *List of Banks in Switzerland Systemically Important Banks Globally Systemically Important Banks *UBS Group AG *Credit Suisse Group AG Domestically Systemically Important Banks * Zurich Cantonal Bank * Banque cantonale vaudoise * Raiffeisen * PostFinance Top-tier Swiss bank ... References External links Official website Banks of Switzerland Companies listed on the SIX Swiss Exchange {{Switzerland-bank-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Graubündner Kantonalbank
The Graubündner Kantonalbank (known as Banca Chantunala Grischuna in Romansh or Banca Cantonale Grigione in Italian) is a Swiss cantonal bank which is part of the 24 cantonal banks serving Switzerland's 26 cantons. The headquarters are located in Chur, and there are 45 branches around Graubünden. History Graubündner Kantonalbank (GKB) was founded in 1870.http://www.gkb.ch/internet/home.nsf/PageID/Portraet Graubundner Kantonal Bank Just seven years later in 1877, it helped fund an Alpine Road to bring more tourism to its homeland area. In the great depression around 1919, the bank financially helped and supported the Swiss population, and when the post-wars boom came in 1945, it poured money into providing better public services. After a successful computerisation in the 1970s, the bank introduced its first automated teller machines in 1983. On September 10, 1985 GKB was listed on the Swiss Stock Exchange. In 1998 it received in writing a guarantee from the Swiss gove ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Glarner Kantonalbank
''Glarner Kantonalbank'' is the cantonal bank and the dominant retail banking group in the Cantons of Switzerland, Swiss canton of Canton of Glarus, Glarus. In 2014, the bank was listed in the SIX Swiss Exchange. Branches In addition to the headquarters in Glarus, there are branches in Niederurnen, Näfels, Netstal, Schwanden, Glarus, Schwanden and Linthal, Glarus, Linthal, but not in Glarner Sernftal, which is traditionally served by Glarner Regionalbank AG. Ownership On 11 May 2010, Glarner Kantonalbank was transformed from an institution under public law into a public limited company under special law. Until an IPO in July 2014, it was wholly owned by the Canton of Glarus, with a majority stake of 68.24%. In addition to traditional advice in the Mortgage loan, mortgage and savings business, commercial lending, investment advice and asset management have gained in importance. Like the vast majority of all cantonal banks, the Glarus-based bank also has a so-called state guarant ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Berner Kantonalbank
The Berner Kantonalbank AG (BEKB), French Banque Cantonale Bernoise SA (BCBE), operating under the brand name "BEKB , BCBE" and based in the Swiss Canton of Bern, is a public limited company under private law founded in 1834 as one of the first cantonal banks of its kind, serving Switzerland's 26 cantons. At the end of 2020, the total financial assets of BEKB were valued at 36.4 billion Swiss francs with their staff comprising approximately 1,230 employees (or 1,000 full-time equivalents). As the majority shareholder, the Canton of Bern retains 51.5% of the company's shares, while also guaranteeing their stability, in accordance with the same Canton's constitution. This establishes BEKB as one of the largest cantonal banks in Switzerland. Berner Kantonalbank doesn't have state guarantee of its liabilities. History The Cantonal Bank of Bern was founded in 1834 as one of the earliest cantonal banks, following the adoption of a liberal state constitution in the canton of Ber ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Basler Kantonalbank
Basler Kantonalbank (Basel Cantonal Bank) is a Swiss cantonal bank that is one of the 24 cantonal banks serving Switzerland's 26 cantons. Founded in 1899, in 2019 Basler Kantonalbank had 15 branches with 842 employees; the total assets of the bank were CHF 27.305 billion. Basler Kantonalbank has a full state guarantee of its liabilities. History Since 1999, it has had a majority ownership of Bank Cler (former Coop Bank). In October 2012 the bank's CEO, Hans Rudolf Matter, resigned after 620 clients lost more than CHF 100 million in a scandal involving ASE investments. Eventually the number of affected clients grew to about 1,500. In 2013, Chairman Andreas Albrecht was forced to resign following the Swiss Financial Market Supervisory Authority (FINMA) determined that the bank had rigged sales of its own participation certificates. On 21 November 2013, BKB was ordered to pay back CHF 2.6 million ($2.9 million) that it had earned through these improper sales. Organization T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Basellandschaftliche Kantonalbank
Basellandschaftliche Kantonalbank is a Swiss cantonal bank which is part of the 24 cantonal banks serving Switzerland's 26 cantons. Founded in 1864, Basellandschaftliche Kantonalbank in 2014 had 23 branches across Switzerland with 636 employees; total assets of the bank were 21 759.16 mln CHF. Headquartered in Liestal (Basel-Landschaft), Basellandschaftliche Kantonalbank has full state guarantee of its liabilities. Notes and references See also * Cantonal bank * List of banks in Switzerland Systemically Important Banks Globally Systemically Important Banks *UBS Group AG *Credit Suisse Group AG Domestically Systemically Important Banks * Zurich Cantonal Bank * Banque cantonale vaudoise * Raiffeisen * PostFinance Top-tier Swiss banks ... External links * * {{Coord, 47.4859, N, 7.7321, E, source:wikidata, display=title Cantonal banks Companies listed on the SIX Swiss Exchange Companies based in Basel-Landschaft ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banque Cantonale Neuchâteloise
Banque Cantonale Neuchâteloise is a Swiss cantonal bank which is part of the 24 cantonal banks serving Switzerland's 26 cantons. Founded in 1883, Banque Cantonale Neuchâteloise in 2014 had 12 branches across Switzerland with 264 employees; total assets of the bank were 9 979.04 mln CHF. Headquartered in Neuchâtel (NE), Banque Cantonale Neuchâteloise has full state guarantee of its liabilities. See also * Cantonal bank * List of banks in Switzerland Systemically Important Banks Globally Systemically Important Banks *UBS Group AG *Credit Suisse Group AG Domestically Systemically Important Banks * Zurich Cantonal Bank * Banque cantonale vaudoise * Raiffeisen * PostFinance Top-tier Swiss banks ... References External links Official website {{DEFAULTSORT:Banque cantonale neuchateloise Neuchatel companies based in Neuchâtel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
