Founded in 1915, Banca dello Stato del Cantone Ticino is a universal bank,providing retail and business banking products mainly to the canton residents(natural persons and legal entities). Traditionally for cantonal banks,Banca dello Stato del Cantone Ticino is especially strong in savings and mortgage products. Like most of the cantonal banks, Banca dello Stato del Cantone Ticino has full state guarantee of its liabilities.
In 2023, Banca dello Stato del Cantone Ticino achieved the position of 27th largest bank in Switzerland with a market share of 0.65%; its total assets dropped by 3.36%.
Deposits up to 100,000 CHF are covered by Swiss deposit guarantee scheme in Banca dello Stato del Cantone Ticino.
Becoming a client of Banca dello Stato del Cantone Ticino can be done in a few steps:
Banca dello Stato del Cantone Ticino performs client's identity verification via branch visit.
Banca dello Stato del Cantone Ticino is the 27th largest bank in Switzerland in terms of total assets. In 2023 its total assets were 17 994,87 mln CHF, providing the bank with the market share of 0.65%. Banca dello Stato del Cantone Ticino is the 16th largest cantonal bank in Switzerland (out of 24 cantonal banks) having market share of 2.31% amongst the banks of this category. In 2023 the bank's annual profit was 172,00 mln CHF. Banca dello Stato del Cantone Ticino had 427 employees in 2015.
Banca dello Stato del Cantone Ticino participates in the deposit guarantee scheme of Switzerland which 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. Banca dello Stato del Cantone Ticino is a member of esisuisse – Deposit Insurance (ESI) and makes its contributions into it.
Banca dello Stato del Cantone Ticino is headquartered in Bellinzona.
Banca dello Stato del Cantone Ticino has profiles at the following social networks:
Banca dello Stato del Cantone Ticino is authorized and supervised by the Swiss Financial Market Supervisory Authority (reference number CHE108954636).