Schwyzer Kantonalbank

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  Schwyzer Kantonalbank
logo
Country SwitzerlandSwitzerland Switzerland
Seat Schwyz
legal form Public law institution
IID 777
BIC KBSZCH22XXX
founding 1890
Website www.szkb.ch
Business data 2018
Total assets CHF 20.1 billion
Employee 483
management
Corporate management

Peter Hilfiker ( CEO )
Karl Roos
(Bank President ad interim )

Blankette of a bond from Kantonalbank Schwyz from around 1890

The Schwyzer Kantonalbank , based in Schwyz, is the cantonal bank of the Canton of Schwyz . It was founded in 1890 and is organized in the form of a public corporation. The bank has 23 branches throughout the canton and, according to the 2018 annual report, employs around 553 people (with 481.5 full-time positions). At the end of 2019, SZKB had total assets of 20.1 billion Swiss francs .

Ownership structure and business priorities

The Schwyzer Kantonalbank is organized as an institution under public law and is wholly owned by the Canton of Schwyz. SZKB's customers include private customers, small and medium-sized companies and public corporations. The core business includes account and savings account management, real estate and corporate finance, custody account management, the definition of investment strategies and the management of asset management mandates. She also supports her clients in questions relating to succession planning and pension issues. Like the vast majority of all cantonal banks, the Schwyz institute also has a state guarantee . This means that the canton is liable for the bank's liabilities. With an AA + rating from Standard & Poor’s , SZKB is one of the best-rated universal banks worldwide. According to the "IFZ Retail Banking Study Switzerland 2019" by the Lucerne University of Applied Sciences and Arts, SZKB is the best cantonal bank in the key figure analysis for the fifth time in a row.

organization

The governing body of the Schwyzer Kantonalbank is the bank council. This consists of nine members and is currently chaired by Vice President Karl Roos ad interim. The members and the presidium of the bank council are determined by the canton council ( legislature of the canton).

The operational management lies with the management. This consists of 5 members and is headed by Peter Hilfiker.

Key figures

Key figures as of December 31, 2019:

  • Risk-weighted total capital ratio: 22.3%
  • Operating income (in CHF million): 239.4
  • Business success (in CHF million): 121.6
  • Annual profit (in CHF million): 78.2
  • Balance sheet total (in CHF million): 20,081.5
  • Equity before appropriation of profit (in CHF million): 1,933.1
  • Client assets (in CHF million): 20,840.2
  • Loans to customers (in CHF million): 15,376.7
  • Total delivery requested to the canton of SZ (in CHF million): 48.6
  • Annual average number of full-time positions: 483
  • Branches: 23

Web links

Individual evidence

  1. ↑ a b Entry in the bank master of Swiss Interbank Clearing
  2. ↑ a b Despite discharge - President of Schwyzer Kantonalbank resigns. In: srf.ch . October 1, 2019, accessed October 1, 2019 .
  3. ↑ a b Short report for the 2018 financial year of SZKB
  4. ↑ Law on the Schwyzer Kantonalbank of February 17, 2010 (PDF; 54 kB)

Coordinates: 47 ° 1 '14.9 "  N , 8 ° 39' 4.1"  E ; CH1903:  six hundred and ninety-two thousand one hundred and eighty  /  208464