Founded in 1850, Luzerner 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, Luzerner Kantonalbank AG is especially strong in savings and mortgage products. Like most of the cantonal banks, Luzerner Kantonalbank AG has full state guarantee of its liabilities.
Luzerner Kantonalbank AG is the 11th largest bank in Switzerland in terms of total assets. In 2018 its total assets were 38 759,31 mln CHF, providing the bank with the market share of 1.20%. Luzerner Kantonalbank AG is the 3rd largest cantonal bank in Switzerland (out of 24 cantonal banks) having market share of 6.46% amongst the banks of this category. In 2018 the bank's annual profit was 200,43 mln CHF. Luzerner Kantonalbank AG had 943 employees in 2015.
Luzerner 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. Luzerner Kantonalbank AG is a member of esisuisse – Deposit Insurance and makes its contributions into it.
Luzerner Kantonalbank AG is headquartered in Luzern.
Luzerner Kantonalbank AG is authorized and supervised by the Swiss Financial Market Supervisory Authority (reference number CHE‑105.845.092).