Schwyzer Kantonalbank

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Business Focus

regional retail and business banking

Founded in 1890, Schwyzer 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, Schwyzer Kantonalbank is especially strong in savings and mortgage products. Like most of the cantonal banks, Schwyzer Kantonalbank has full state guarantee of its liabilities.

Bank Category

Cantonal banks

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

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits

See Also

Account Opening

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

1.
Submit online application
2.
Visit bank branch

Due to regulatory requirements Schwyzer Kantonalbank performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual Schwyzer Kantonalbank will ask him/her to provide the following documents: passport; proof of address. For corporate clients Schwyzer Kantonalbank will ask to provide corporate documentation as well as information about controlling persons. Schwyzer Kantonalbank may request additional documentation or information depending on the case. Schwyzer Kantonalbank performs client's identity verification via branch visit.

Ways to Bank

Schwyzer Kantonalbank delivers its products and services through both direct and indirect channels, namely:
branch
online banking
mobile app

Financials

Total Assets of Schwyzer Kantonalbank
Annual_profit of Schwyzer Kantonalbank
Market Share of Schwyzer Kantonalbank
Total Assets (2019)
20,081.49 mln CHF  (+9.87%)
Annual Profit (2019)
78.22 mln CHF  (+2.14%)
Number of Employees (2015)
490  (+1.45%)

Schwyzer Kantonalbank is the 28th largest bank in Switzerland in terms of total assets. In 2019 its total assets were 20 081,49 mln CHF, providing the bank with the market share of 0.61%. Schwyzer Kantonalbank is the 13th largest cantonal bank in Switzerland (out of 24 cantonal banks) having market share of 3.20% amongst the banks of this category. In 2019 the bank's annual profit was 78,22 mln CHF. Schwyzer Kantonalbank had 490 employees in 2015.

Deposit Guarantee

Guarantee Fund
esisuisse – Deposit Insurance (ESI)esisuisse – Deposit Insurance (ESI)
Protected Amount
up to 100,000 CHF
Eligible Depositors
private individuals (Swiss and foreign)
legal entities (Swiss and foreign)
Covered Accounts
credit balances

Schwyzer 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. Schwyzer Kantonalbank is a member of esisuisse – Deposit Insurance (ESI) and makes its contributions into it.

Contacts

Bahnhofstrasse 3, 6431, Schwyz, Switzerland
263
058 800 20 20
058 800 20 21

Schwyzer Kantonalbank is headquartered in Schwyz.

Social Networks

Schwyzer Kantonalbank has profiles at the following social networks:

Bank Identifiers

BIC (SWIFT)
KBSZCH22XXX
LEI
5299001984Q1Q7RKL019
Company Number
CHE-108.954.429

Bank Supervision

Supervised By
Swiss Financial Market Supervisory Authority
Reference Number
CHE-108.954.429

Schwyzer Kantonalbank is authorized and supervised by the Swiss Financial Market Supervisory Authority (reference number CHE-108.954.429).

Bank History

Founded
1890

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