Berner Kantonalbank AG (Switzerland)

Address

Bundesplatz 8, 3001, Bern, Switzerland

BIC

KBBECH22XXX

Overview

Business Focus

regional retail and business banking

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.

Performance

In 2023, Berner Kantonalbank AG achieved the position of 14th largest bank in Switzerland with a market share of 1.44%; its total assets grew by 0.75%.

Deposit Protection

Deposits up to 100,000 CHF are covered by Swiss deposit guarantee scheme in Berner Kantonalbank AG.

Market Share (#14 in Switzerland)

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

Card Providers

International Transfers

SWIFT Transfers

SEPA Credit Transfers

SEPA Instant Transfers

SEPA Direct Debits

SEPA Direct Debits B2B

Account Opening

Becoming a client of Berner Kantonalbank AG can be done in a few steps:

Visit bank branch

Berner Kantonalbank AG performs client's identity verification via branch visit.

Ways to Bank

Berner Kantonalbank AG delivers its products and services through both direct and indirect channels, namely:

branch

online banking

mobile app

Common Shares

Listed Entity

Berner Kantonalbank AG

ISIN

CH0009691608

Stock Exchange

SIX Swiss Exchange (XSWX)

Ticker

BEKN

Financials

Total Assets (2023)

40,053.49 mln CHF (+0.75%)

Annual Profit (2023)

238.92 mln CHF (+49.68%)

Number of Employees (2015)

1,091 (-4.05%)

Berner Kantonalbank AG ranks as the 14th largest bank in Switzerland by total assets. In 2023 its total assets were 40,053.49 mln CHF, representing a 1.44% market share. It is also the 6th largest cantonal bank in Switzerland, commanding a 5.13% share among cantonal banks. In 2023 the bank's annual profit was 238.92 mln CHF. As of 2015, the bank employed 1,091 people.

Credit Ratings

Fitch: -

AAA

AA+, AA, AA-

A+, A, A-

BBB+, BBB, BBB-

BB+, BB, BB-

B+, B, B-

CCC, CC, C, RD, D

Moodys: A1

Aaa

Aa1, Aa2, Aa3

A1, A2, A3

Baa1, Baa2, Baa3, Baa4

Ba1, Ba2, Ba3

B1, B2, B3

Caa1, Caa2, Caa3, Ca

Berner Kantonalbank AG is rated by Moody's. Long-term credit rating assigned to the bank by Moody's is A1 (upper medium grade).

Deposit Guarantee

Protected Amount

up to 100,000 CHF

Guarantee Fund

esisuisse – Deposit Insurance (ESI)

Covered Accounts

credit balances

Eligible Depositors

private individuals (Swiss and foreign)
legal entities (Swiss and foreign)

Berner Kantonalbank AG protects deposits up to up to 100,000 CHF per depositor through Switzerland's deposit guarantee scheme. The scheme applies to credit balances made by private individuals (Swiss and foreign), legal entities (Swiss and foreign). The bank participates in the esisuisse – Deposit Insurance (ESI), making regular contributions into it.