Aargauische Kantonalbank

Founded in 1913, Aargauische Kantonalbank is a universal bank, providing retail and corporate banking products mainly to the canton residents (natural persons and legal entities). Traditionally for cantonal banks, Aargauische Kantonalbank is especially strong in savings and mortgage products. Like most of the cantonal banks, Aargauische Kantonalbank has full state guarantee of its liabilities.

Bank Category

Cantonal banks

Services

Retail Banking
Corporate Banking

Financials

Total Assets (2017)
26 961.32 mln CHF  (+6.80%)
Number of Employees (2015)
690  (+0.44%)

In 2017 total assets of Aargauische Kantonalbank were 26 961,32 mln CHF. Aargauische Kantonalbank had 690 employees in 2015.

Contacts

Bahnhofplatz 1, 5001, Aarau, Switzerland
2104
062 835 77 77
062 835 77 84

Aargauische Kantonalbank is headquartered in Aarau.

Bank Identifiers

BIC (SWIFT)
KBAGCH22XXX
Company Number
CHE-105.845.287
Founded
1913

Business Summary

Business Focus
universal banking for natural persons and legal entities residing in the canton
Services
retail banking
corporate banking
Products
savings products
mortgage loans
Area Served
mainly the canton

Aargauische Kantonalbank is focused on universal banking for natural persons and legal entities residing in the canton. Aargauische Kantonalbank provides products and services in the areas of retail banking, corporate banking. The range of products offered by Aargauische Kantonalbank includes savings products, mortgage loans.

Financial Positions

Total Assets (2017)
26 961.32 mln CHF  (+6.80%)

In 2017 total assets of Aargauische Kantonalbank were 26 961.32 mln CHF. Growth compared to the previous period (2016) was 6.80%. The evolution of the total assets of Aargauische Kantonalbank is shown at Chart 1 below.

Total Assets of Aargauische Kantonalbank.

Chart 1. Total Assets of Aargauische Kantonalbank.

Recent changes in total assets of Aargauische Kantonalbank and its main components are shown in Table 1.

2016 2017 % change
Cash and deposits with Central Banks 2 607.6
Claims to banks 344.0
Claims to customers 1 282.3
Mortgages 19 560.5
Total Assets 25 245.5 26 961.3 +6.80%
Table 1. Recent changes in total assets of Aargauische Kantonalbank (mln CHF).

Recent changes in total liabilities of Aargauische Kantonalbank and its main components are shown in Table 2.

2016 2017 % change
Amount owed to banks 2 461.2
Amount owed to customers 16 250.7
Total Liabilities 25 245.5 26 961.3 +6.80%
Table 2. Recent changes in total liabilities of Aargauische Kantonalbank (mln CHF).

Profit and Loss

Annual Profit (2016)
142.17 mln CHF  (-8.49%)

Recent changes in gross profit of Aargauische Kantonalbank and its main components are shown in Table 3.

2015 2016 % change
Net Interest Income 259.2 248.6 -4.08%
Net Commission Income 60.7 59.0 -2.87%
Net Income from Trading Operations 49.1 51.0 +3.91%
Table 3. Recent changes in gross profit of Aargauische Kantonalbank (mln CHF).

In 2016 annual profit of Aargauische Kantonalbank was 142.17 mln CHF. Decline compared to the previous period (2015) was -8.49%. The evolution of the annual profit of Aargauische Kantonalbank is shown at Chart 2 below.

Annual Profit of Aargauische Kantonalbank.

Chart 2. Annual Profit of Aargauische Kantonalbank.

Number of Employees

Number of Employees (2015)
690  (+0.44%)

In 2015 there were 690 employees of Aargauische Kantonalbank. Growth compared to the previous period (2014) was 0.44%.

Market Share and Rank (among banks in Switzerland)

Total Assets (2016)
17th (market share 0.82%)

In 2016 Aargauische Kantonalbank was ranked the 17th largest bank in Switzerland in terms of total assets, having 0.82% of the domestic market share.

Market share of Aargauische Kantonalbank (among banks in Switzerland)

Chart 3. Market share of Aargauische Kantonalbank (among banks in Switzerland)

Several banks having the market shares and ranks closest to Aargauische Kantonalbank are shown below.

RankNameTotal AssetsMarket Share
16 Valiant Bank AG25923.57 mln CHF0.84%
17 Aargauische Kantonalbank25245.53 mln CHF0.82%
18 HSBC Private Bank (Suisse) SA24710.52 mln CHF0.80%
 

Market Share and Rank (among Cantonal banks in Switzerland)

Total Assets (2016)
6th (market share 4.56%)

In 2016 Aargauische Kantonalbank was ranked the 6th largest cantonal bank in Switzerland in terms of total assets, having 4.56% of the category's market share.

Market share of Aargauische Kantonalbank (among Cantonal banks in Switzerland)

Chart 4. Market share of Aargauische Kantonalbank (among Cantonal banks in Switzerland)

Several cantonal banks having the market shares and ranks closest to Aargauische Kantonalbank are shown below.

RankNameTotal AssetsMarket Share
5 Berner Kantonalbank AG28404.66 mln CHF5.13%
6 Aargauische Kantonalbank25245.53 mln CHF4.56%
7 Graubündner Kantonalbank23761.96 mln CHF4.30%
 

Deposit Guarantee

Deposit Guarantee
Yes (up to 100 000 CHF per depositor)
State Guarantee
full

Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.

All credit institutions operating in Switzerland are obliged to participate in Swiss deposit guarantee scheme.

In the case of Aargauische Kantonalbank failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Eligible Depositors  private individuals, commercial enterprises and public-sector offices
Covered Accounts  credit balances (e.g. personal accounts, savings accounts, investment accounts, salary accounts, numbered accounts, deposit accounts and current accounts)
Covered Currencies  all
Maximum Protected Amount  100 000 CHF
Paid In Currency  CHF
State Guarantee  full

Further Information

BIC

BIC (Business Identifier Code, also known as SWIFT code or SWIFT BIC) is a the mostly used international identifier of financial institutions. SWIFT is the registration authority for BICs. BICs are used in financial transactions, client and counterparty data bases, compliance documents and many others.

A BIC consists of eight or eleven characters, comprising a financial institution code (four characters), a country code (two characters), a location code (two characters) and, optionally, a branch code (three characters).

BIC of Aargauische Kantonalbank and its components are shown in the table below.

BIC  KBAGCH22XXX
Bank BIC Code  KBAG
Country Code  CH (Switzerland)
Location Code  22
Branch Code  XXX

Company Registration Number

Company Registration Number is a distinctive code issued upon registration of a new company. This code can be used to find data about the company in a national company register.

Company Number  CHE-105.845.287

Domestic Presence

Branches (2015)
31 

In 2015 Aargauische Kantonalbank had 31 branches in Switzerland. The value didn't change compared to the previous period (2014).