Founded in 1915, Urner 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, Urner Kantonalbank is especially strong in savings and mortgage products. Like most of the cantonal banks, Urner Kantonalbank has full state guarantee of its liabilities.
Urner Kantonalbank is the 76th largest bank in Switzerland in terms of total assets. In 2017 its total assets were 3 191,00 mln CHF, providing the bank with the market share of 0.10%. Urner Kantonalbank is the 23rd largest cantonal bank in Switzerland (out of 24 cantonal banks) having market share of 0.55% amongst the banks of this category. In 2017 the bank's annual profit was 16,77 mln CHF. Urner Kantonalbank had 99 employees in 2015.
Urner Kantonalbank is headquartered in Altdorf UR.
| 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 |
Urner Kantonalbank is focused on universal banking for natural persons and legal entities residing in the canton. Urner Kantonalbank provides products and services in the areas of retail banking, corporate banking. The range of products offered by Urner Kantonalbank includes savings products, mortgage loans.
| Total Assets (2017) |
|---|
| 3 191.00 mln CHF (+4.79%) |
In 2017 total assets of Urner Kantonalbank were 3 191.00 mln CHF. Growth compared to the previous period (2016) was 4.79%. The evolution of the total assets of Urner Kantonalbank is shown at Chart 1 below.
Chart 1. Total Assets of Urner Kantonalbank.
Recent changes in total assets of Urner Kantonalbank and its main components are shown in Table 1.
| 2016 | 2017 | % change | |
|---|---|---|---|
| Cash and deposits with Central Banks | 220.7 | 230.2 | +4.29% |
| Claims to banks | 38.1 | 43.8 | +15.06% |
| Claims to customers | 353.9 | 355.1 | +0.33% |
| Mortgages | 2 282.7 | 2 390.3 | +4.71% |
| Total Assets | 3 045.1 | 3 191.0 | +4.79% |
| Table 1. Recent changes in total assets of Urner Kantonalbank (mln CHF). | |||
Recent changes in total liabilities of Urner Kantonalbank and its main components are shown in Table 2.
| 2016 | 2017 | % change | |
|---|---|---|---|
| Amount owed to banks | 217.6 | 2 390.3 | +998.57% |
| Amount owed to customers | 1 939.7 | 1 964.5 | +1.28% |
| Total Liabilities | 3 045.1 | 3 191.0 | +4.79% |
| Table 2. Recent changes in total liabilities of Urner Kantonalbank (mln CHF). | |||
| Annual Profit (2017) |
|---|
| 16.77 mln CHF (-2.07%) |
Recent changes in gross profit of Urner Kantonalbank and its main components are shown in Table 3.
| 2016 | 2017 | % change | |
|---|---|---|---|
| Net Interest Income | 31.6 | 33.6 | +6.25% |
| Net Commission Income | 7.9 | 8.4 | +6.40% |
| Net Income from Trading Operations | 1.5 | 1.9 | +20.52% |
| Table 3. Recent changes in gross profit of Urner Kantonalbank (mln CHF). | |||
In 2017 annual profit of Urner Kantonalbank was 16.77 mln CHF. Decline compared to the previous period (2016) was -2.07%. The evolution of the annual profit of Urner Kantonalbank is shown at Chart 2 below.
Chart 2. Annual Profit of Urner Kantonalbank.
| Number of Employees (2015) |
|---|
| 99 (-1.98%) |
In 2015 there were 99 employees of Urner Kantonalbank. Decline compared to the previous period (2014) was -1.98%.
| Total Assets (2017) |
|---|
| 76th (market share 0.10%) |
In 2017 Urner Kantonalbank was ranked the 76th largest bank in Switzerland in terms of total assets, having 0.10% of the domestic market share.
Chart 3. Market share of Urner Kantonalbank (among banks in Switzerland)
Several banks having the market shares and ranks closest to Urner Kantonalbank are shown below.
| Rank | Name | Total Assets | Market Share |
|---|---|---|---|
| 75 |  Mirabaud & Cie SA | 3225.69 mln CHF | 0.10% |
| 76 |  Urner Kantonalbank | 3191.00 mln CHF | 0.10% |
| 77 |  Gazprombank (Schweiz) AG | 3068.62 mln CHF | 0.09% |
| Total Assets (2017) |
|---|
| 23rd (market share 0.55%) |
In 2017 Urner Kantonalbank was ranked the 23rd largest cantonal bank in Switzerland in terms of total assets, having 0.55% of the category's market share.
Chart 4. Market share of Urner Kantonalbank (among Cantonal banks in Switzerland)
Several cantonal banks having the market shares and ranks closest to Urner Kantonalbank are shown below.
| Rank | Name | Total Assets | Market Share |
|---|---|---|---|
| 22 |  Appenzeller Kantonalbank | 3231.43 mln CHF | 0.56% |
| 23 | Urner Kantonalbank | 3191.00 mln CHF | 0.55% |
| 24 |  Banque Cantonale du Jura SA | 3003.90 mln CHF | 0.52% |
| 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 Urner 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 |
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 Urner Kantonalbank and its components are shown in the table below.
| BIC | URKNCH22XXX |
| Bank BIC Code | URKN |
| Country Code | CH (Switzerland) |
| Location Code | 22 |
| Branch Code | XXX |
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-108.954.665 |
| Branches (2015) |
|---|
| 9 |
In 2015 Urner Kantonalbank had 9 branches in Switzerland. The value didn't change compared to the previous period (2014).
