Lucerne Cantonal Bank

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  Luzerner Kantonalbank AG
logo
Country SwitzerlandSwitzerland Switzerland
Seat Lucerne
legal form Corporation
ISIN CH0011693600
IID 778
BIC LUKBCH2260A
founding 1850
Website www.lukb.ch
Business data 2019
Total assets CHF 42.493 billion
Employee 1040.1 full-time positions
management
Corporate management

Daniel Salzmann
(Chairman of the Management Board )
Doris Russi Schurter
( Chairman of the Board of Directors )

Founded in 1850, Luzerner Kantonalbank AG (LUKB) is the leading bank in the canton of Lucerne with over 1,000 employees . As a classic universal bank, LUKB offers all the services of a modern bank. It operates a total of 26 branches (one of which is in Zurich ) and is one of the largest Swiss cantonal banks . Your core business areas are real estate finance, corporate finance and private banking . Over 60% of all Lucerne private individuals and around 50% of all Lucerne companies have some form of business relationship with LUKB.

LUKB has been a stock corporation since 2001 , and its shares are listed on the SIX Swiss Exchange . 38.5% of the share capital is widely distributed among the public, 61.5% are owned by the Canton of Lucerne. LUKB has a state guarantee and a long-term AA rating from Standard & Poor's (short-term rating A-1 +).

History of the Lucerne Cantonal Bank

In 1850, LUKB was founded as a cantonal savings and loan bank based in Lucerne. The name was changed to the current name in 1892.

In 1996 the first subsidiary, LUKB Expert Fondsleitung AG, was founded, offering fund-based collective investments. In 1996 the bank joined Adler & Co. Privatbank and in 2001 took over all shares in the private bank. One year before the turn of the millennium, the bank opened a private banking branch in Ticino .

In 2000 the people accepted a proposal for the conversion of LUKB into a stock corporation and partial privatization. The change was implemented in 2001 and the share was listed as a secondary placement on the SIX Swiss Exchange . In 2006 Adler & Co Privatbank took over the Basel location of swissfirst Bank AG . In 2008, another subsidiary was founded with LUKB Growth Capital AG, which specializes in the financing of start- ups. In 2010 the subsidiary Adler & Co. Privatbank AG merged with the parent company LUKB. In 2011 the bank closes its two locations in Basel and Chiasso .

Web links

Individual evidence

  1. ↑ a b Entry in the bank master of Swiss Interbank Clearing
  2. ↑ Annual result 2019
  3. ↑ LUKB Expert Fund Management Ltd. In: Commercial Register of the Canton of Lucerne. Retrieved May 15, 2018 .
  4. ↑ Swissfirst Group sells Basel branch. In: Neue Zürcher Zeitung . November 7, 2006, accessed May 15, 2018 .
  5. ↑ LUKB Growth Capital AG. In: Commercial Register of the Canton of Lucerne. Retrieved May 15, 2018 .
  6. ^ History. Luzerner Kantonalbank, accessed on May 15, 2018 .

Coordinates: 47 ° 2 '58.2 "  N , 8 ° 18' 24.5"  E ; CH1903:  665,968  /  211306