Founded in 1883, Schaffhauser Kantonalbank is a universal bank, providing retail and business banking products mainly to the canton residents (natural persons and legal entities). Traditionally for cantonal banks, Schaffhauser Kantonalbank is especially strong in savings and mortgage products. Like most of the cantonal banks, Schaffhauser Kantonalbank has full state guarantee of its liabilities.
Becoming a client of Schaffhauser Kantonalbank can be done in a few steps:
Due to regulatory requirements Schaffhauser Kantonalbank performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual Schaffhauser Kantonalbank will ask him/her to provide the following documents: passport; proof of address. For corporate clients Schaffhauser Kantonalbank will ask to provide corporate documentation as well as information about controlling persons. Schaffhauser Kantonalbank may request additional documentation or information depending on the case. Schaffhauser Kantonalbank performs client's identity verification via branch visit.
Schaffhauser Kantonalbank is the 45th largest bank in Switzerland in terms of total assets. In 2019 its total assets were 8 379,23 mln CHF, providing the bank with the market share of 0.25%. Schaffhauser Kantonalbank is the 18th largest cantonal bank in Switzerland (out of 24 cantonal banks) having market share of 1.34% amongst the banks of this category. In 2019 the bank's annual profit was 50,96 mln CHF. Schaffhauser Kantonalbank had 282 employees in 2015.
Schaffhauser Kantonalbank 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. Schaffhauser Kantonalbank is a member of esisuisse – Deposit Insurance (ESI) and makes its contributions into it.
Schaffhauser Kantonalbank is headquartered in Schaffhausen.
Schaffhauser Kantonalbank has profiles at the following social networks:
Schaffhauser Kantonalbank is authorized and supervised by the Swiss Financial Market Supervisory Authority (reference number CHE108954671).