Founded in 1899, Basler Kantonalbank is a universal bank, providing retail and business banking products mainly to the canton residents (natural persons and legal entities). Traditionally for cantonal banks, Basler Kantonalbank is especially strong in savings and mortgage products. Like most of the cantonal banks, Basler Kantonalbank has full state guarantee of its liabilities.
Becoming a client of Basler Kantonalbank can be done in a few steps:
Due to regulatory requirements Basler Kantonalbank performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual Basler Kantonalbank will ask him/her to provide the following documents: passport; proof of address. For corporate clients Basler Kantonalbank will ask to provide corporate documentation as well as information about controlling persons. Basler Kantonalbank may request additional documentation or information depending on the case. Basler Kantonalbank performs client's identity verification via branch visit.
Basler Kantonalbank is the 21st largest bank in Switzerland in terms of total assets. In 2019 its total assets were 27 304,64 mln CHF, providing the bank with the market share of 0.82%. Basler Kantonalbank is the 8th largest cantonal bank in Switzerland (out of 24 cantonal banks) having market share of 4.36% amongst the banks of this category. In 2019 the bank's annual profit was 111,84 mln CHF. Basler Kantonalbank had 1 284 employees in 2015.
Basler Kantonalbank participates in the deposit guarantee scheme of Switzerland. This deposit guarantee scheme applies to credit balances made by private individuals (Swiss and foreign), legal entities (Swiss and foreign) and covers up to up to 100,000 CHF per bank per depositor. Basler Kantonalbank is a member of esisuisse – Deposit Insurance (ESI) and makes its contributions into it.
Basler Kantonalbank is headquartered in Basel.
Basler Kantonalbank has profiles at the following social networks:
Basler Kantonalbank is authorized and supervised by the Swiss Financial Market Supervisory Authority (reference number CHE108954493).