Appenzeller Kantonalbank

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.

Bank Category

Cantonal banks

Services

Retail Banking
Corporate Banking

Financials

Total Assets (2016)
3 064.22 mln CHF  (+4.75%)
Number of Employees (2015)
76 

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.

Contacts

Bankgasse 2, 9050, Appenzell, Switzerland
071 788 88 88
071 788 88 89

Appenzeller Kantonalbank is headquartered in Appenzell.

Bank Identifiers

BIC (SWIFT)
AIKACH22XXX
Company Number
CHE-108.954.702
Founded
1899

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

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.

Financial Positions

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.

Total Assets of Appenzeller Kantonalbank.

Chart 1. Total Assets of Appenzeller Kantonalbank.

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

2015 2016 % change
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.

2015 2016 % change
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).

Profit and Loss

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.

2015 2016 % change
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.

Annual Profit of Appenzeller Kantonalbank.

Chart 2. Annual Profit of Appenzeller Kantonalbank.

Number of Employees

Number of Employees (2015)
76 

In 2015 there were 76 employees of Appenzeller Kantonalbank. The value didn't change compared to the previous period (2014).

Market Share and Rank (among banks in Switzerland)

Total Assets (2016)
76th (market share 0.10%)

In 2016 Appenzeller Kantonalbank was ranked the 76th largest bank in Switzerland in terms of total assets, having 0.10% of the domestic market share.

Market share of Appenzeller Kantonalbank (among banks in Switzerland)

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

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

RankNameTotal AssetsMarket Share
75 Mirabaud & Cie SA3179.68 mln CHF0.10%
76 Appenzeller Kantonalbank3064.22 mln CHF0.10%
77 Urner Kantonalbank3045.08 mln CHF0.10%
 

Market Share and Rank (among Cantonal banks in Switzerland)

Total Assets (2016)
22nd (market share 0.55%)

In 2016 Appenzeller Kantonalbank was ranked the 22nd largest cantonal bank in Switzerland in terms of total assets, having 0.55% of the category's market share.

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

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

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

RankNameTotal AssetsMarket Share
21 Obwaldner Kantonalbank4376.56 mln CHF0.79%
22 Appenzeller Kantonalbank3064.22 mln CHF0.55%
23 Urner Kantonalbank3045.08 mln CHF0.55%
 

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 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)
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 Appenzeller Kantonalbank and its components are shown in the table below.

BIC  AIKACH22XXX
Bank BIC Code  AIKA
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-108.954.702

Domestic Presence

Branches (2015)

In 2015 Appenzeller Kantonalbank had 4 branches in Switzerland. The value didn't change compared to the previous period (2014).