Banca dello Stato del Cantone Ticino

Founded in 1915, Banca dello Stato del Cantone Ticino is a universal bank, providing retail and corporate 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.

Bank Category
Cantonal banks

Services
Retail Banking
Corporate Banking

Banca dello Stato del Cantone Ticino is the 41st largest bank in Switzerland in terms of total assets. In 2016 its total assets were 12 172,99 mln CHF, providing the bank with the market share of 0.39%. Banca dello Stato del Cantone Ticino is the 16th largest cantonal bank in Switzerland (out of 24 banks) having market share of 2.20% amongst the banks of this category.

Rank in Switzerland
41st largest bank

Total Assets (2016)
12 172.99 mln CHF  (+6.67%)
Number of Employees (2015)
427  (-4.69%)

Banca dello Stato del Cantone Ticino is headquartered in Bellinzona.

Address
Viale H. Guisan 5, 6501, Bellinzona, Switzerland
Phone
091 803 71 11
Fax
091 826 13 64
Website
http://www.bancastato.ch
E-Mail
contatto@bancastato.ch
BIC (SWIFT)
BSCTCH22XXX
Company Number
CHE-108.954.636
Founded
1915

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

Financial Positions

Total Assets (2016)
12 172.99 mln CHF  (+6.67%)

In 2016 total assets of Banca dello Stato del Cantone Ticino were 12 172.99 mln CHF. Growth compared to the previous period (2015) was 6.67%. The evolution of the total assets of Banca dello Stato del Cantone Ticino is shown at Chart 1 below.

Total Assets of Banca dello Stato del Cantone Ticino. Chart 1. Total Assets of Banca dello Stato del Cantone Ticino.

Recent changes in total assets of Banca dello Stato del Cantone Ticino and its main components are shown in Table 1.

2015 2016 % change
Cash and deposits with Central Banks 1 292.7 2 204.8 +70.56%
Claims to banks 184.3 295.7 +60.44%
Claims to customers 1 784.3 1 845.4 +3.43%
Mortgages 7 738.4 8 227.8 +6.32%
Total Assets 11 411.5 12 173.0 +6.67%
Table 1. Recent changes in total assets of Banca dello Stato del Cantone Ticino (mln CHF).

Recent changes in total liabilities of Banca dello Stato del Cantone Ticino and its main components are shown in Table 2.

2015 2016 % change
Amount owed to banks 680.6 856.3 +25.82%
Amount owed to customers 7 472.6 8 762.2 +17.26%
Total Liabilities 11 411.5 12 173.0 +6.67%
Table 2. Recent changes in total liabilities of Banca dello Stato del Cantone Ticino (mln CHF).

Profit and Loss

Annual Profit (2016)
45.07 mln CHF  (+5.33%)

Recent changes in gross profit of Banca dello Stato del Cantone Ticino and its main components are shown in Table 3.

2015 2016 % change
Net Interest Income 133.1 137.3 +3.14%
Net Commission Income 39.4 44.4 +12.75%
Net Income from Trading Operations 16.7 16.8 +0.47%
Table 3. Recent changes in gross profit of Banca dello Stato del Cantone Ticino (mln CHF).

In 2016 annual profit of Banca dello Stato del Cantone Ticino was 45.07 mln CHF. Growth compared to the previous period (2015) was 5.33%. The evolution of the annual profit of Banca dello Stato del Cantone Ticino is shown at Chart 2 below.

Annual Profit of Banca dello Stato del Cantone Ticino. Chart 2. Annual Profit of Banca dello Stato del Cantone Ticino.

Market Position and Market Share (among banks in Switzerland)

Total Assets (2016)
41st (market share 0.39%)

In 2016 Banca dello Stato del Cantone Ticino was the 41st largest bank in Switzerland in terms of total assets, having 0.39% of market share.

Market share of Banca dello Stato del Cantone Ticino Chart 3. Market share of Banca dello Stato del Cantone Ticino

Several banks with market shares closest to Banca dello Stato del Cantone Ticino are shown below.

RankNameTotal AssetsMarket Share
40 Citibank, N.A., Sioux Falls, Zurich Branch12184.66 mln CHF0.39%
41 Banca dello Stato del Cantone Ticino12172.99 mln CHF0.39%
42 Banque cantonale neuchâteloise10578.70 mln CHF0.34%
 

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 Banca dello Stato del Cantone Ticino 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

Bank Identifiers

Any bank can be identified for different purposes and hence can have several different identifiers.

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 Banca dello Stato del Cantone Ticino and its components are shown in the table below.

BIC  BSCTCH22XXX
Bank BIC Code  BSCT
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-108.954.636

Domestic Presence

Branches (2015)
20