Central mortgage bond institute of the Swiss cantonal banks

Central mortgage bond institute of the Swiss cantonal banks (de: Pfandbriefzentrale der schweizerischen Kantonalbanken AG, fr: Centrale de lettres de gage des banques cantonales suisses SA) is one of two institutions allowed to issue mortgage bonds in Switzerland. Mortgage bonds are debt securities used for the long-term financing of senior mortgage loans granted by banks. Central mortgage bond institute is a joint venture of Swiss cantonal banks.

Bank Category

Institutions with a special field of business

Business Focus

mortgage covered bonds

Financials

Total Assets (2014)
39,779.45 mln CHF  (+13.05%)

Central mortgage bond institute of the Swiss cantonal banks is the 9th largest bank in Switzerland in terms of total assets. In 2014 its total assets were 39 779,45 mln CHF, providing the bank with the market share of 1.07%.

Central mortgage bond institute of the Swiss cantonal banks participates in deposit guarantee scheme of Switzerland. This scheme covers accounts up to 100,000 CHF per bank per depositor.

Contacts

Zürich, Switzerland

Central mortgage bond institute of the Swiss cantonal banks is headquartered in Zürich.

Bank History

Founded
1931

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