Banca dello Stato del Cantone Ticino

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Business Focus

regional retail and business banking

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.

Bank Category

Cantonal banks

Services

retail banking
private banking
business banking

Area Served

mainly the canton

Products

current accounts
debit cards
credit cards
savings accounts
time deposit accounts
pension plans
consumer loans
mortgage loans
investment funds
leasing
trade finance

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits

See Also

Account Opening

Becoming a client of Banca dello Stato del Cantone Ticino can be done in a few steps:

1.
Visit bank branch

Due to regulatory requirements Banca dello Stato del Cantone Ticino performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual Banca dello Stato del Cantone Ticino will ask him/her to provide the following documents: passport; proof of address. For corporate clients Banca dello Stato del Cantone Ticino will ask to provide corporate documentation as well as information about controlling persons. Banca dello Stato del Cantone Ticino may request additional documentation or information depending on the case. Banca dello Stato del Cantone Ticino performs client's identity verification via branch visit.

Ways to Bank

Banca dello Stato del Cantone Ticino delivers its products and services through both direct and indirect channels, namely:
branch
online banking
mobile app

Financials

Total Assets of Banca dello Stato del Cantone Ticino
Annual_profit of Banca dello Stato del Cantone Ticino
Market Share of Banca dello Stato del Cantone Ticino
Total Assets (2019)
14,380.56 mln CHF  (+7.26%)
Annual Profit (2019)
52.88 mln CHF  (+7.19%)
Number of Employees (2015)
427  (-4.69%)

Banca dello Stato del Cantone Ticino is the 36th largest bank in Switzerland in terms of total assets. In 2019 its total assets were 14 380,56 mln CHF, providing the bank with the market share of 0.43%. Banca dello Stato del Cantone Ticino is the 16th largest cantonal bank in Switzerland (out of 24 cantonal banks) having market share of 2.29% amongst the banks of this category. In 2019 the bank's annual profit was 52,88 mln CHF. Banca dello Stato del Cantone Ticino had 427 employees in 2015.

Deposit Guarantee

Guarantee Fund
esisuisse – Deposit Insurance (ESI)esisuisse – Deposit Insurance (ESI)
Protected Amount
up to 100,000 CHF
Eligible Depositors
private individuals (Swiss and foreign)
legal entities (Swiss and foreign)
Covered Accounts
credit balances

Banca dello Stato del Cantone Ticino 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. Banca dello Stato del Cantone Ticino is a member of esisuisse – Deposit Insurance (ESI) and makes its contributions into it.

Contacts

Viale H. Guisan 5, 6501, Bellinzona, Switzerland
091 803 71 11
091 826 13 64

Banca dello Stato del Cantone Ticino is headquartered in Bellinzona.

Social Networks

Banca dello Stato del Cantone Ticino has profiles at the following social networks:

Bank Identifiers

BIC (SWIFT)
BSCTCH22XXX
LEI
549300QZ7S5YP8TTLG58
Company Number
CHE-108.954.636

Bank Supervision

Supervised By
Swiss Financial Market Supervisory Authority
Reference Number
CHE108954636

Banca dello Stato del Cantone Ticino is authorized and supervised by the Swiss Financial Market Supervisory Authority (reference number CHE108954636).

Bank History

Founded
1915

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See Also

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