Zürcher Kantonalbank

 (3.7; 34 ratings)
3.7 34
Business Focus
regional retail and corporate banking

Founded in 1870, Zürcher 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, Zürcher Kantonalbank is especially strong in savings and mortgage products. Like most of the cantonal banks, Zürcher Kantonalbank has full state guarantee of its liabilities.

Bank Category

Cantonal banks

Products and Services

Services
retail banking
corporate banking
Area Served
mainly the canton
Products
savings products
mortgage loans

Financials

Total Assets (2018)
168.33 bln CHF  (+3.45%)
Annual Profit (2018)
788.22 mln CHF  (+0.82%)
Number of Employees (2015)
5,179  (+6.92%)

Zürcher Kantonalbank is the 6th largest bank in Switzerland in terms of total assets. In 2018 its total assets were 168,33 bln CHF, providing the bank with the market share of 5.23%. Zürcher Kantonalbank is the 1st largest cantonal bank in Switzerland (out of 24 cantonal banks) having market share of 28.04% amongst the banks of this category. In 2018 the bank's annual profit was 788,22 mln CHF. Zürcher Kantonalbank had 5 179 employees in 2015.

Credit Ratings

Fitch: AAA
AAA
AA+, AA, AA-
A+, A, A-
BBB+, BBB, BBB-
BB+, BB, BB-
B+, B, B-
CCC, CC, C, RD, D
Moodys: Aaa
Aaa
Aa1, Aa2, Aa3
A1, A2, A3
Baa1, Baa2, Baa3, Baa4
Ba1, Ba2, Ba3
B1, B2, B3
Caa1, Caa2, Caa3, Ca

Zürcher Kantonalbank is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is AAA (highest credit quality). Long-term credit rating assigned to the bank by Moody's is Aaa (prime).

Deposit Guarantee

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

Zürcher 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. Zürcher Kantonalbank is a member of esisuisse – Deposit Insurance and makes its contributions into it.

Contacts

8010, Zürich, Switzerland
044 293 93 93

Zürcher Kantonalbank is headquartered in Zürich.

Bank Identifiers

BIC (SWIFT)
ZKBKCHZZ80A
LEI
165GRDQ39W63PHVONY02
Company Number
CHE-108.954.607

Bank History

Founded
1870

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