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.

Bank Category
Cantonal banks

Services
Retail Banking
Corporate Banking

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 banks) having market share of 5.13% amongst the banks of this category.

Rank in Switzerland
15th largest bank

Total Assets (2016)
28 404.66 mln CHF  (+1.32%)
Number of Employees (2015)
1 091  (-4.05%)

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.

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
BIC (SWIFT)
KBBECH22XXX
Company Number
CHE-108.955.216
Founded
1834

Business Summary

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

Financial Positions

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.

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.

2015 2016 % change
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.

2015 2016 % change
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).

Profit and Loss

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.

2015 2016 % change
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.

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

Market Position and Market Share (among banks in Switzerland)

Total Assets (2016)
15th (market share 0.92%)

In 2016 Berner Kantonalbank AG was the 15th largest bank in Switzerland in terms of total assets, having 0.92% of market share.

Market share of Berner Kantonalbank AG Chart 3. Market share of Berner Kantonalbank AG

Several banks with market shares closest to Berner Kantonalbank AG are shown below.

RankNameTotal AssetsMarket Share
14 Banque Pictet & Cie SA30240.04 mln CHF0.98%
15 Berner Kantonalbank AG28404.66 mln CHF0.92%
16 Valiant Bank AG25923.57 mln CHF0.84%
 

Credit Ratings (as of Apr 2016)

Fitch Moody's
- (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 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
Yes (up to 100 000 CHF per depositor)
State Guarantee
none

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

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

Domestic Presence

Branches (2015)
77  (-7.23%)