Zuger Kantonalbank

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

Bank Category

Cantonal banks

Services

Retail Banking
Corporate Banking

Financials

Total Assets (2017)
14 640.76 mln CHF  (+1.11%)
Number of Employees (2015)
402  (+1.77%)

In 2017 total assets of Zuger Kantonalbank were 14 640,76 mln CHF. Zuger Kantonalbank had 402 employees in 2015.

Contacts

Baarerstrasse 37, 6301, Zug, Switzerland
041 709 11 11
041 709 15 55

Zuger Kantonalbank is headquartered in Zug.

Bank Identifiers

BIC (SWIFT)
KBZGCH22XXX
Company Number
CHE-105.744.410
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

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

Financial Positions

Total Assets (2017)
14 640.76 mln CHF  (+1.11%)

In 2017 total assets of Zuger Kantonalbank were 14 640.76 mln CHF. Growth compared to the previous period (2016) was 1.11%. The evolution of the total assets of Zuger Kantonalbank is shown at Chart 1 below.

Total Assets of Zuger Kantonalbank.

Chart 1. Total Assets of Zuger Kantonalbank.

Recent changes in total assets of Zuger Kantonalbank and its main components are shown in Table 1.

2016 2017 % change
Cash and deposits with Central Banks 1 921.5
Claims to customers 554.0
Mortgages 11 350.2
Claims to banks 39.3
Total Assets 14 480.2 14 640.8 +1.11%
Table 1. Recent changes in total assets of Zuger Kantonalbank (mln CHF).

Recent changes in total liabilities of Zuger Kantonalbank and its main components are shown in Table 2.

2016 2017 % change
Amount owed to banks 165.0
Amount owed to customers 9 010.4
Total Liabilities 14 480.2 14 640.8 +1.11%
Table 2. Recent changes in total liabilities of Zuger Kantonalbank (mln CHF).

Profit and Loss

Annual Profit (2016)
61.54 mln CHF  (+0.11%)

Recent changes in gross profit of Zuger Kantonalbank and its main components are shown in Table 3.

2015 2016 % change
Net Interest Income 150.8 154.5 +2.47%
Net Commission Income 35.5 35.4 -0.35%
Net Income from Trading Operations 15.6 18.0 +15.37%
Table 3. Recent changes in gross profit of Zuger Kantonalbank (mln CHF).

In 2016 annual profit of Zuger Kantonalbank was 61.54 mln CHF. Growth compared to the previous period (2015) was 0.11%. The evolution of the annual profit of Zuger Kantonalbank is shown at Chart 2 below.

Annual Profit of Zuger Kantonalbank.

Chart 2. Annual Profit of Zuger Kantonalbank.

Number of Employees

Number of Employees (2015)
402  (+1.77%)

In 2015 there were 402 employees of Zuger Kantonalbank. Growth compared to the previous period (2014) was 1.77%.

Market Share and Rank (among banks in Switzerland)

Total Assets (2016)
35th (market share 0.47%)

In 2016 Zuger Kantonalbank was ranked the 35th largest bank in Switzerland in terms of total assets, having 0.47% of the domestic market share.

Market share of Zuger Kantonalbank (among banks in Switzerland)

Chart 3. Market share of Zuger Kantonalbank (among banks in Switzerland)

Several banks having the market shares and ranks closest to Zuger Kantonalbank are shown below.

RankNameTotal AssetsMarket Share
34 Banque Cantonale du Valais14633.17 mln CHF0.47%
35 Zuger Kantonalbank14480.21 mln CHF0.47%
36 Société Générale, Paris, Zweigniederlassung Zürich14397.00 mln CHF0.47%
 

Market Share and Rank (among Cantonal banks in Switzerland)

Total Assets (2016)
15th (market share 2.62%)

In 2016 Zuger Kantonalbank was ranked the 15th largest cantonal bank in Switzerland in terms of total assets, having 2.62% of the category's market share.

Market share of Zuger Kantonalbank (among Cantonal banks in Switzerland)

Chart 4. Market share of Zuger Kantonalbank (among Cantonal banks in Switzerland)

Several cantonal banks having the market shares and ranks closest to Zuger Kantonalbank are shown below.

RankNameTotal AssetsMarket Share
14 Banque Cantonale du Valais14633.17 mln CHF2.65%
15 Zuger Kantonalbank14480.21 mln CHF2.62%
16 Banca dello Stato del Cantone Ticino12172.99 mln CHF2.20%
 

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 Zuger Kantonalbank 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 Zuger Kantonalbank and its components are shown in the table below.

BIC  KBZGCH22XXX
Bank BIC Code  KBZG
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-105.744.410

Domestic Presence

Branches (2015)
14 

In 2015 Zuger Kantonalbank had 14 branches in Switzerland. The value didn't change compared to the previous period (2014).