Berner Kantonalbank AG

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 12th largest bank in Switzerland in terms of total assets. In 2015 its total assets were 28 034,67 mln CHF, providing the bank with the market share of 0.93%. Berner Kantonalbank AG is the 5th largest cantonal bank in Switzerland (out of 24 banks) having market share of 5.22% amongst the banks of this category.

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.

Contacts 
    Address  Bundesplatz 8, 3001, Bern, Switzerland
    Phone  031 666 11 11
    Fax  031 666 60 40
    Website  bekb@bekb.ch
    E-Mail  bekb@bekb.ch
Bank Category  Cantonal banks
Business Description 
    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
Start Date  1834
Financial Positions
    Total Assets (2015)  28 034.67 mln CHF ↑ (+3.62%)
Profit and Loss
    Annual Profit (2015)  131.26 mln CHF ↑ (+0.69%)
Market Position and Market Share (among banks in Switzerland)
    Total Assets (2015)  12th (market share 0.93%)
Number of Employees (2015)  1 091 ↓ (-4.05%)
Credit Ratings (as of Apr 2016)
    Fitch  - (not rated)
    Moody's  Aa1 (high grade)
    S&P's  - (not rated)
Deposit Guarantee  Yes (up to 100 000 CHF per depositor)
    State Guarantee  none
Bank Identifiers
    BIC (SWIFT)  KBBECH22XXX
    Company Number  CHE-108.955.216
Domestic Presence
    Branches (2015)  77 ↓ (-7.23%)

Financial Positions

In 2015 total assets of Berner Kantonalbank AG were 28 034.67 mln CHF. Growth compared to the previous period (2014) was 3.62%. The evolution of the total assets of Berner Kantonalbank AG is shown at Chart 1 below.

Total Assets of Berner Kantonalbank AG.
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.

2014 2015 % change
Cash and deposits with Central Banks 1 550.8 3 604.8 +132.44% ↑
Claims to banks 605.2 471.1 -22.15% ↓
Claims to customers 2 438.5 1 328.8 -45.51% ↓
Mortgages 18 754.3 19 377.5 +3.32% ↑
Total Assets 27 055.0 28 034.7 +3.62% ↑
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.

2014 2015 % change
Amount owed to banks 119.7 75.5 -36.87% ↓
Amount owed to customers 22 006.6 22 082.9 +0.35% ↑
Total Liabilities 27 055.0 28 034.7 +3.62% ↑
Table 2. Recent changes in total liabilities of Berner Kantonalbank AG (mln CHF).

Profit and Loss

Recent changes in gross profit of Berner Kantonalbank AG and its main components are shown in Table 3.

2014 2015 % change
Net Interest Income 327.4 293.7 -10.29% ↓
Net Commission Income 102.8 98.9 -3.75% ↓
Net Income from Trading Operations 21.9 21.3 -2.76% ↓
Table 3. Recent changes in gross profit of Berner Kantonalbank AG (mln CHF).

In 2015 annual profit of Berner Kantonalbank AG was 131.26 mln CHF. Growth compared to the previous period (2014) was 0.69%. The evolution of the annual profit of Berner Kantonalbank AG is shown at Chart 2 below.

Annual Profit of Berner Kantonalbank AG.
Chart 2. Annual Profit of Berner Kantonalbank AG.

Credit Ratings

Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government.
Of the 'Big Three' rating agencies, Berner Kantonalbank AG is rated by Moody's.

Credit ratings assigned to Berner Kantonalbank AG as of April 2016 are shown in details in the following sections.

Moody's

Long-term rating for Berner Kantonalbank AG it is set to Aa1 (high grade). Long-term bank deposit rating is Aa1 (high grade). Bank financial strength rating is a1. Short-term rating is not assigned.

Long-Term Rating  Aa1
Long-Term Bank Deposit Rating  Aa1
Bank Financial Strength Rating  a1
Short-Term Rating  -
Outlook  stable

Outlook for the ratings of Berner Kantonalbank AG is set to stable (not likely to change).

Deposit Guarantee

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)
Covered Currencies  all
Maximum Protected Amount  100 000 CHF
Paid In Currency  CHF
State Guarantee  none

Further Information: Deposit Guarantee Scheme in Switzerland

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 Berner Kantonalbank AG and its components are shown in the table below.

BIC  KBBECH22XXX
Bank BIC Code  KBBE
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-108.955.216

Related Information on Switzerland

  Economy and Banking Sector of Switzerland

  List of Banks in Switzerland

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