Founded in 1834, Berner Kantonalbank AG is a universal bank, providing retail and business 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.
Becoming a client of Berner Kantonalbank AG can be done in a few steps:
Due to regulatory requirements Berner Kantonalbank AG performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual Berner Kantonalbank AG will ask him/her to provide the following documents: passport; proof of address. For corporate clients Berner Kantonalbank AG will ask to provide corporate documentation as well as information about controlling persons. Berner Kantonalbank AG may request additional documentation or information depending on the case. Berner Kantonalbank AG performs client's identity verification via branch visit.
Berner Kantonalbank AG is the 13th largest bank in Switzerland in terms of total assets. In 2019 its total assets were 32 929,83 mln CHF, providing the bank with the market share of 0.99%. Berner Kantonalbank AG is the 5th largest cantonal bank in Switzerland (out of 24 cantonal banks) having market share of 5.25% amongst the banks of this category. In 2019 the bank's annual profit was 142,87 mln CHF. 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 A2 (upper medium grade).
Berner Kantonalbank AG 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. Berner Kantonalbank AG is a member of esisuisse – Deposit Insurance (ESI) and makes its contributions into it.
Berner Kantonalbank AG is headquartered in Bern.
Berner Kantonalbank AG has profiles at the following social networks:
Berner Kantonalbank AG is authorized and supervised by the Swiss Financial Market Supervisory Authority (reference number CHE108955216).