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 Switzerland, officially the Swiss Confederation, is a landlocked country located in west-central Europe. It is bordered by Italy to the south, France to the west, Germany to the north, and Austria and Liechtenstein to the east. Switzerland ...

's 26 cantons. The headquarters are located in

Chur '' Chur (locally) or ; ; ; ; ; ; or ; , and . is the capital and largest List of towns in Switzerland, town of the Switzerland, Swiss Cantons of Switzerland, canton of the Grisons and lies in the Alpine Rhine, Grisonian Rhine Valley, where ...

, and there are 45 branches around Graubünden.

History

Graubündner Kantonalbank (GKB) was founded in 1870.Porträt
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 machine An automated teller machine (ATM) is an electronic telecommunications device that enables customers of financial institutions to perform financial transactions, such as cash withdrawals, deposits, funds transfers, balance inquiries or account ...

s 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 government of 100% back-up for its savers' money. In the same year GKB purchased the private Zurich bank Bellerive. In more recent times, the company has begun working with the Private Client Bank in Zurich.

Products

The Graubündner Kantonalbank offers a range of products based at different parts of the market. It offers an account for young people, one for

private banking Private banking is a general description for banking, investment and other financial services provided by banks and financial institutions primarily serving high-net-worth individuals (HNWIs) – those with very high income or substantial asset ...

for normal Swiss citizens and outside. They also offer a business banking scheme.

Notes and references

Cantonal banks Companies listed on the SIX Swiss Exchange companies based in the Grisons {{Switzerland-bank-stub