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Kantonalbank
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 with ... [...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] |
Schwyzer Kantonalbank
Schwyzer Kantonalbank is a cantonal bank serving and wholly owned by the Swiss Canton of Schwyz. The head office is based in Schwyz. History Schwyzer Kantonalbank (SZKB) was founded in 1890. Since 1908, the bank has also managed the Swiss National Bank in Schwyz. By 1970, Schwyzer Kantonalbank had assets over 1bn CHF. In 1972, they began operation of ATMs. In 1990, the bank had assets over 5bn CHF. In 1994, the company moved into an extension of its headquarters in the city. In 1999, Schwyzer Kantonalbank opened their website and telephone banking Telephone banking is a service provided by a bank or other financial institution, that enables customers to perform over the telephone a range of financial transactions which do not involve cash or Financial instruments (such as cheques), without ... options. By 2006, Schwyzer Kantonalbank had 10bn CHF in assets. They also set up an innovation foundation in the same year. In 2008, Verena Gwerder was the first woman Bank Counci ... [...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] |
Zürcher Kantonalbank
Zurich Cantonal Bank (german: Zürcher Kantonalbank, or ZKB) is the largest cantonal bank and fourth largest bank in Switzerland, as well as the leading financial services provider in the Greater Zurich area, with total assets of over CHF 150 billion. ZKB, as an independent, incorporated public-law institution, is wholly owned by the Canton of Zurich. Ultimate supervision of ZKB is the responsibility of the Cantonal Council of Zurich, whose duties are laid down in Zurich's Cantonal Bank Act. Under the law, the canton of Zurich bears responsibility for all ZKB's liabilities should the bank's resources prove inadequate. This cantonal guarantee acts as a stabilising force for the financial market as a whole, particularly in times of economic uncertainty. In October 2009, ''Global Finance'' magazine rated ZKB at one of the five safest banks in the world, on the basis of it being one of only five financial institutions that enjoyed a triple Standard & Poor's, Fitch and Moody's AAA ... [...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] |
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] |
Appenzeller Kantonalbank
Appenzeller Kantonalbank is the cantonal bank of the Canton of Appenzell Innerrhoden. Its head office is situated at Appenzell. 80% of the bank's income comes from lending interests. Presidents * 2004-2015: Hanspeter Koller * Since 2015: Roman Boutellier See also *List of banks *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 linksOfficial website Cantonal banks 1899 establishments in Switzerland Banks established in 1899 {{Switzerland-bank-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aargauische Kantonalbank
Aargau Cantonal Bank is a cantonal bank based in Switzerland. Its head office is situated at Aarau, Switzerland. Founded in 1913, Aargau Cantonal Bank in 2021 had 832 employees and 32 offices in Switzerland, total assets were 31 777.48 mln CHF. History Founded in 1855 as Aargauische Bank, the company changed its name in 1913 to Aargauische Kantonalbank. Subsequently, the bank acquired Freiämter Bank SLO (1994) and Sparkasse Mättenwil (1999). In 1999, the bank also opened a subsidiary in Olten in the canton of Solothurn which, after the cessation of activity of the cantonal bank of Solothurn (Solothurnische Kantonalbank) following a financial meltdown, no longer had a cantonal bank. See also *Cantonal bank *List of banks *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 * PostFinan ... [...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] |
Association Of Swiss Cantonal Banks
The Association of Swiss Cantonal Banks (german: Verband Schweizerischer Kantonalbanken, french: Union des Banques Cantonales Suisses, it, Unione delle Banche Cantonali Svizzere) is an association of the 24 cantonal banks in Switzerland. Its purpose is to safeguard the common interests and promote cooperation between its members and to strengthen the position of the cantonal banks in Switzerland. The association, organised in the legal form of an association, was founded in 1907 and has had an office at its statutory headquarters in Basel since 1971. Organisation The supreme body of the ASCB is the General Assembly, in which each member has only one vote. Its main tasks include adopting and amending the Articles of Association, accepting the annual report and financial statements, and electing the chairman and vice-chairman of the board of directors and the auditors. The board of directors is the governing body of the Association. It currently consists of 25 members and is compos ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
