Zuger Kantonalbank

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  Zuger Kantonalbank
logo
Country SwitzerlandSwitzerland Switzerland
Seat train
legal form Stock company under public law
ISIN CH0493891243
IID 787
BIC KBZGCH22XXX
founding 1892
Website www.zugerkb.ch
Business data 2019
Total assets 15.7 billion CHF
Employee 450
management
Corporate management

Pascal Niquille
( CEO )
Urs Rüegsegger
(Bank President)

Share for CHF 500 in Zuger Kantonalbank from January 2, 1899

The Zuger Kantonalbank is a financial institution in the economic area train and employs around 450 employees. The universal bank founded in 1892 is represented in the canton with 14 branches . The balance sheet total at the end of 2019 was 15.7 billion Swiss francs.

Ownership

The Zuger Kantonalbank is organized in the form of a stock corporation under public law. Your registered shares, listed on the SIX Swiss Exchange, are 50 percent and 0.1 percent of the capital is owned by the canton. The remaining 49.9 percent are distributed among around 10,000 shareholders - the majority from the Canton of Zug. The bank has an unlimited state guarantee .

organization

The highest supervisory body of Zuger Kantonalbank is the bank council, which is composed of seven members. The bank's president is Urs Rüegsegger, and Jacques Bossart is the vice-president. Four members are elected by the canton, three members by the approximately 10,000 private shareholders of Zuger Kantonalbank.

The operational management lies with the management. The CEO and President of the Executive Board is Pascal Niquille. The management is divided into the following departments: Corporate Customers (Head Adrian Andermatt), Market Regions (Head Daniela Hausheer), Finance and Risk (Head Andreas Janett) and Wealth Management (Head Petra Kalt). Pascal Niquille is in charge of Human Resources, Market Services and Legal and Compliance.

Key figures as of December 31, 2019 (in CHF)

Total assets 15.7 billion
Business success 107.2 million
Profit 74.7 million
Customer funds 9.7 billion
Managed custody assets 12.7 billion
Net success interest business 147.6 million
Mortgage claims 12.3 billion
Full-time positions 404

Rating (by Zürcher Kantonalbank ) AAA

Economic contribution 2019

Zuger Kantonalbank is a major taxpayer and one of the largest employers in the canton (14th place). It employs a total of 450 people. In 2019, she paid CHF 54.7 million in wages and salaries, which in turn are taxed as income - a large part of it in the economic region of Zug. The canton of Zug benefits as a shareholder and through the payment of the state guarantee. With a statutory capital share of 50 percent and a free capital share of 0.1 percent, over half of all dividend payments go to the canton - for 2019 this was CHF 28.8 million. In addition, there was compensation for the state guarantee in the form of a special dividend of 10 percent on the statutory portion or 2.9 million francs.

Awards and sponsorship

In 2019, Zuger Kantonalbank was involved in over 700 non-profit institutions and in volunteer work in the canton of Zug. In total, she made contributions of around CHF 900,000. With its award program, it promotes and supports projects that take into account the interests of the general public.

Web links

Individual evidence

  1. ↑ a b Entry in the bank master of Swiss Interbank Clearing
  2. ↑ Zuger Kantonalbank: Annual results 2019. Accessed on January 23, 2020 .

Coordinates: 47 ° 10 '24.6 "  N , 8 ° 30' 58.7"  E ; CH1903:  681 696  /  225287