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.
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.
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).
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.
Zürcher Kantonalbank is headquartered in Zürich.