Founded in 1899, Appenzeller 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, Appenzeller Kantonalbank is especially strong in savings and mortgage products. Like most of the cantonal banks, Appenzeller Kantonalbank has full state guarantee of its liabilities.
Appenzeller Kantonalbank is the 76th largest bank in Switzerland in terms of total assets. In 2016 its total assets were 3 064,22 mln CHF, providing the bank with the market share of 0.10%. Appenzeller Kantonalbank is the 22nd largest cantonal bank in Switzerland (out of 24 cantonal banks) having market share of 0.55% amongst the banks of this category. Appenzeller Kantonalbank had 76 employees in 2015.
Appenzeller Kantonalbank is headquartered in Appenzell.
|universal banking for natural persons and legal entities residing in the canton|
|mainly the canton|
Appenzeller Kantonalbank is focused on universal banking for natural persons and legal entities residing in the canton. Appenzeller Kantonalbank provides products and services in the areas of retail banking, corporate banking. The range of products offered by Appenzeller Kantonalbank includes savings products, mortgage loans.
|Total Assets (2016)|
|3 064.22 mln CHF (+4.75%)|
In 2016 total assets of Appenzeller Kantonalbank were 3 064.22 mln CHF. Growth compared to the previous period (2015) was 4.75%. The evolution of the total assets of Appenzeller Kantonalbank is shown at Chart 1 below.
Chart 1. Total Assets of Appenzeller Kantonalbank.
Recent changes in total assets of Appenzeller Kantonalbank and its main components are shown in Table 1.
|Cash and deposits with Central Banks||246.5||260.5||+5.66%|
|Claims to banks||77.3||79.7||+3.10%|
|Claims to customers||131.9||127.4||-3.38%|
|Mortgages||2 335.7||2 466.6||+5.60%|
|Total Assets||2 925.3||3 064.2||+4.75%|
|Table 1. Recent changes in total assets of Appenzeller Kantonalbank (mln CHF).|
Recent changes in total liabilities of Appenzeller Kantonalbank and its main components are shown in Table 2.
|Amount owed to banks||13.0||13.3||+2.46%|
|Amount owed to customers||2 224.0||2 352.7||+5.79%|
|Total Liabilities||2 925.3||3 064.2||+4.75%|
|Table 2. Recent changes in total liabilities of Appenzeller Kantonalbank (mln CHF).|
|Annual Profit (2016)|
|11.93 mln CHF (-0.06%)|
Recent changes in gross profit of Appenzeller Kantonalbank and its main components are shown in Table 3.
|Net Interest Income||31.6||32.1||+1.63%|
|Net Commission Income||5.6||5.6||+0.94%|
|Net Income from Trading Operations||1.2||1.3||+13.98%|
|Table 3. Recent changes in gross profit of Appenzeller Kantonalbank (mln CHF).|
In 2016 annual profit of Appenzeller Kantonalbank was 11.93 mln CHF. Decline compared to the previous period (2015) was -0.06%. The evolution of the annual profit of Appenzeller Kantonalbank is shown at Chart 2 below.
Chart 2. Annual Profit of Appenzeller Kantonalbank.
|Number of Employees (2015)|
In 2015 there were 76 employees of Appenzeller Kantonalbank. The value didn't change compared to the previous period (2014).
|Yes (up to 100 000 CHF per depositor)|
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 Appenzeller 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)|
|Maximum Protected Amount||100 000 CHF|
|Paid In Currency||CHF|
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 Appenzeller Kantonalbank and its components are shown in the table below.
|Bank BIC Code||AIKA|
|Country Code||CH (Switzerland)|
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.
In 2015 Appenzeller Kantonalbank had 4 branches in Switzerland. The value didn't change compared to the previous period (2014).