Banque Cantonale de Fribourg

Founded in 1892, Banque Cantonale de Fribourg is a universal bank, providing retail and corporate banking products mainly to the canton residents (natural persons and legal entities). Traditionally for cantonal banks, Banque Cantonale de Fribourg is especially strong in savings and mortgage products. Like most of the cantonal banks, Banque Cantonale de Fribourg has full state guarantee of its liabilities.

Bank Category

Cantonal banks

Services

Retail Banking
Corporate Banking

Financials

Total Assets (2017)
21 996.45 mln CHF  (+2.02%)
Number of Employees (2015)
380  (+2.15%)

In 2017 total assets of Banque Cantonale de Fribourg were 21 996,45 mln CHF. Banque Cantonale de Fribourg had 380 employees in 2015.

Contacts

Bd de Pérolles 1, 1701, Fribourg, Switzerland
151
0848 223 223
026 350 77 09

Banque Cantonale de Fribourg is headquartered in Fribourg.

Bank Identifiers

BIC (SWIFT)
BEFRCH22XXX
Company Number
CHE-108.954.576
Founded
1892

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

Banque Cantonale de Fribourg is focused on universal banking for natural persons and legal entities residing in the canton. Banque Cantonale de Fribourg provides products and services in the areas of retail banking, corporate banking. The range of products offered by Banque Cantonale de Fribourg includes savings products, mortgage loans.

Financial Positions

Total Assets (2017)
21 996.45 mln CHF  (+2.02%)

In 2017 total assets of Banque Cantonale de Fribourg were 21 996.45 mln CHF. Growth compared to the previous period (2016) was 2.02%. The evolution of the total assets of Banque Cantonale de Fribourg is shown at Chart 1 below.

Total Assets of Banque Cantonale de Fribourg.

Chart 1. Total Assets of Banque Cantonale de Fribourg.

Recent changes in total assets of Banque Cantonale de Fribourg and its main components are shown in Table 1.

2016 2017 % change
Cash and deposits with Central Banks 2 464.7
Claims to banks 499.4
Claims to customers 3 000.3
Mortgages 14 123.7
Total Assets 21 560.8 21 996.4 +2.02%
Table 1. Recent changes in total assets of Banque Cantonale de Fribourg (mln CHF).

Recent changes in total liabilities of Banque Cantonale de Fribourg and its main components are shown in Table 2.

2016 2017 % change
Amount owed to banks 1 180.1
Amount owed to customers 12 396.7
Total Liabilities 21 560.8 21 996.4 +2.02%
Table 2. Recent changes in total liabilities of Banque Cantonale de Fribourg (mln CHF).

Profit and Loss

Annual Profit (2016)
123.69 mln CHF  (+0.81%)

Recent changes in gross profit of Banque Cantonale de Fribourg and its main components are shown in Table 3.

2015 2016 % change
Net Interest Income 206.4 210.5 +2.00%
Net Commission Income 31.8 30.0 -5.64%
Net Income from Trading Operations 11.0 11.1 +0.82%
Table 3. Recent changes in gross profit of Banque Cantonale de Fribourg (mln CHF).

In 2016 annual profit of Banque Cantonale de Fribourg was 123.69 mln CHF. Growth compared to the previous period (2015) was 0.81%. The evolution of the annual profit of Banque Cantonale de Fribourg is shown at Chart 2 below.

Annual Profit of Banque Cantonale de Fribourg.

Chart 2. Annual Profit of Banque Cantonale de Fribourg.

Number of Employees

Number of Employees (2015)
380  (+2.15%)

In 2015 there were 380 employees of Banque Cantonale de Fribourg. Growth compared to the previous period (2014) was 2.15%.

Market Share and Rank (among banks in Switzerland)

Total Assets (2016)
25th (market share 0.70%)

In 2016 Banque Cantonale de Fribourg was ranked the 25th largest bank in Switzerland in terms of total assets, having 0.70% of the domestic market share.

Market share of Banque Cantonale de Fribourg (among banks in Switzerland)

Chart 3. Market share of Banque Cantonale de Fribourg (among banks in Switzerland)

Several banks having the market shares and ranks closest to Banque Cantonale de Fribourg are shown below.

RankNameTotal AssetsMarket Share
24 Thurgauer Kantonalbank21626.49 mln CHF0.70%
25 Banque Cantonale de Fribourg21560.83 mln CHF0.70%
26 Banque Cantonale de Genève21321.54 mln CHF0.69%
 

Market Share and Rank (among Cantonal banks in Switzerland)

Total Assets (2016)
11th (market share 3.90%)

In 2016 Banque Cantonale de Fribourg was ranked the 11th largest cantonal bank in Switzerland in terms of total assets, having 3.90% of the category's market share.

Market share of Banque Cantonale de Fribourg (among Cantonal banks in Switzerland)

Chart 4. Market share of Banque Cantonale de Fribourg (among Cantonal banks in Switzerland)

Several cantonal banks having the market shares and ranks closest to Banque Cantonale de Fribourg are shown below.

RankNameTotal AssetsMarket Share
10 Thurgauer Kantonalbank21626.49 mln CHF3.91%
11 Banque Cantonale de Fribourg21560.83 mln CHF3.90%
12 Banque Cantonale de Genève21321.54 mln CHF3.85%
 

Deposit Guarantee

Deposit Guarantee
Yes (up to 100 000 CHF per depositor)
State Guarantee
full

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 Banque Cantonale de Fribourg 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  full

Further Information

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 Banque Cantonale de Fribourg and its components are shown in the table below.

BIC  BEFRCH22XXX
Bank BIC Code  BEFR
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-108.954.576

Domestic Presence

Branches (2015)
29 

In 2015 Banque Cantonale de Fribourg had 29 branches in Switzerland. The value didn't change compared to the previous period (2014).