Nidwaldner Kantonalbank

 (5.0; 3 ratings)
5.0 3

Business Focus

regional retail and business banking

Founded in 1879, Nidwaldner 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, Nidwaldner Kantonalbank is especially strong in savings and mortgage products. Like most of the cantonal banks, Nidwaldner 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 Nidwaldner Kantonalbank can be done in a few steps:

1.
Visit bank branch

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

Ways to Bank

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

Financials

Total Assets of Nidwaldner Kantonalbank
Annual_profit of Nidwaldner Kantonalbank
Market Share of Nidwaldner Kantonalbank
Total Assets (2019)
5,414.41 mln CHF  (+10.53%)
Annual Profit (2019)
16.08 mln CHF  (+1.53%)
Number of Employees (2015)
139  (+7.75%)

Nidwaldner Kantonalbank is the 59th largest bank in Switzerland in terms of total assets. In 2019 its total assets were 5 414,41 mln CHF, providing the bank with the market share of 0.16%. Nidwaldner Kantonalbank is the 20th largest cantonal bank in Switzerland (out of 24 cantonal banks) having market share of 0.86% amongst the banks of this category. In 2019 the bank's annual profit was 16,08 mln CHF. Nidwaldner Kantonalbank had 139 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

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

Contacts

Stansstaderstrasse 54, 6371, Stans, Switzerland
544
041 619 22 22
041 619 22 25

Nidwaldner Kantonalbank is headquartered in Stans.

Social Networks

Nidwaldner Kantonalbank has profiles at the following social networks:

Bank Identifiers

BIC (SWIFT)
NIKACH22XXX
LEI
529900XFQMTTCJ16ZQ56
Company Number
CHE-108.954.694

Bank Supervision

Supervised By
Swiss Financial Market Supervisory Authority
Reference Number
CHE108954694

Nidwaldner Kantonalbank is authorized and supervised by the Swiss Financial Market Supervisory Authority (reference number CHE108954694).

Bank History

Founded
1879

Similar Banks

Schaffhauser Kantonalbank Logo Schaffhauser Kantonalbank
regional retail and business banking
Glarner Kantonalbank Logo Glarner Kantonalbank
regional retail and business banking
Obwaldner Kantonalbank Logo Obwaldner Kantonalbank
regional retail and business banking
Appenzeller Kantonalbank Logo Appenzeller Kantonalbank
regional retail and business banking
Banque Cantonale du Jura SA Logo Banque Cantonale du Jura SA
regional retail and business banking

See Also

Related Articles