Founded in 1834, Berner Kantonalbank AG is a universal bank, providing retail and corporate banking products mainly to the canton residents (natural persons and legal entities). Traditionally for cantonal banks, Berner Kantonalbank AG is especially strong in savings and mortgage products. Unlike most of the cantonal banks, Berner Kantonalbank AG doesn't have any state guarantee of its liabilities.
Berner Kantonalbank AG is the 15th largest bank in Switzerland in terms of total assets. In 2016 its total assets were 28 404,66 mln CHF, providing the bank with the market share of 0.92%. Berner Kantonalbank AG is the 5th largest cantonal bank in Switzerland (out of 24 cantonal banks) having market share of 5.13% amongst the banks of this category. Berner Kantonalbank AG had 1 091 employees in 2015.
Berner Kantonalbank AG is rated by Moody's. Long-term credit rating assigned to the bank by Moody's is Aa1 (high grade).
Berner Kantonalbank AG is headquartered in Bern.
|universal banking for natural persons and legal entities residing in the canton|
|mainly the canton|
Berner Kantonalbank AG is focused on universal banking for natural persons and legal entities residing in the canton. Berner Kantonalbank AG provides products and services in the areas of retail banking, corporate banking. The range of products offered by Berner Kantonalbank AG includes savings products, mortgage loans.
|Total Assets (2016)|
|28 404.66 mln CHF (+1.32%)|
In 2016 total assets of Berner Kantonalbank AG were 28 404.66 mln CHF. Growth compared to the previous period (2015) was 1.32%. The evolution of the total assets of Berner Kantonalbank AG is shown at Chart 1 below.
Chart 1. Total Assets of Berner Kantonalbank AG.
Recent changes in total assets of Berner Kantonalbank AG and its main components are shown in Table 1.
|Cash and deposits with Central Banks||3 604.8||3 820.6||+5.99%|
|Claims to banks||471.1||409.7||-13.03%|
|Claims to customers||1 328.8||1 553.4||+16.90%|
|Mortgages||19 377.5||19 873.8||+2.56%|
|Total Assets||28 034.7||28 404.7||+1.32%|
|Table 1. Recent changes in total assets of Berner Kantonalbank AG (mln CHF).|
Recent changes in total liabilities of Berner Kantonalbank AG and its main components are shown in Table 2.
|Amount owed to banks||75.5||62.6||-17.15%|
|Amount owed to customers||22 082.9||22 018.0||-0.29%|
|Total Liabilities||28 034.7||28 404.7||+1.32%|
|Table 2. Recent changes in total liabilities of Berner Kantonalbank AG (mln CHF).|
|Annual Profit (2016)|
|129.40 mln CHF (-1.42%)|
Recent changes in gross profit of Berner Kantonalbank AG and its main components are shown in Table 3.
|Net Interest Income||293.7||291.4||-0.79%|
|Net Commission Income||98.9||100.3||+1.37%|
|Net Income from Trading Operations||21.3||19.3||-9.43%|
|Table 3. Recent changes in gross profit of Berner Kantonalbank AG (mln CHF).|
In 2016 annual profit of Berner Kantonalbank AG was 129.40 mln CHF. Decline compared to the previous period (2015) was -1.42%. The evolution of the annual profit of Berner Kantonalbank AG is shown at Chart 2 below.
Chart 2. Annual Profit of Berner Kantonalbank AG.
|Number of Employees (2015)|
|1 091 (-4.05%)|
In 2015 there were 1 091 employees of Berner Kantonalbank AG. Decline compared to the previous period (2014) was -4.05%.
|- (not rated)||Aa1 (high grade)|
Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government. Berner Kantonalbank AG is rated by Moody's.
Credit ratings assigned to Berner Kantonalbank AG as of May 2018 are shown in details in the following sections.
Long-term rating for Berner Kantonalbank AG it is set to Aa1 (high grade). Long-term bank deposit rating is Aa1 (high grade). Baseline credit assessment is a1. Short-term rating is not assigned.
|Long-Term Bank Deposit Rating||Aa1|
|Baseline Credit Assessment||a1|
Outlook for the ratings of Berner Kantonalbank AG is set to stable (not likely to change).
|Yes (up to 100 000 CHF per depositor)|
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 Berner Kantonalbank AG 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)|
|Maximum Protected Amount||100 000 CHF|
|Paid In Currency||CHF|
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 Berner Kantonalbank AG and its components are shown in the table below.
|Bank BIC Code||KBBE|
|Country Code||CH (Switzerland)|
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.
In 2015 Berner Kantonalbank AG had 77 branches in Switzerland. Decline compared to the previous period (2014) was -7.23%.