Luzerner Kantonalbank

#2783

Rank

$4.24B

MarketCap CH

CH Switzerland

Country

Summary
Luzerner Kantonalbank AG provides various banking products and services to individuals, companies, institutions, families, and non-profit organizations in Switzerland. It offers accounts and deposit products; savings and pension solutions; investment funds for investments; cards; and financing and guarantee services. The company also provides payment transaction, financial planning, trade finance, cash management, portfolio management, investment products and advisory, FX instruments advisory and support, real estate and business financing, pension provision, asset advisory and management, and e-banking services. It operates through a network pf 26 branches. The company was formerly known as Kantonale Spar-und Leihkasse and changed its name to Luzerner Kantonalbank AG in 1892. Luzerner Kantonalbank AG was founded in 1850 and is headquartered in Lucerne, Switzerland.

History

LUKB was founded in 1872 as the Cantonal Bank for the Canton of Lucerne and has subsequently grown to become one of the leading banks in Switzerland. The bank is majority owned by the Canton of Lucerne which holds a 71.5% stake. The bank offers an array of services ranging from private banking to corporate finance, corporate banking and securities services.


Mission
Our mission is to provide the highest level of financial services and tailor made solutions for our customers and keep them as our top priority.

Vision
Our vision is to be Switzerland’s premier regional bank and a leading force in the Swiss banking industry.

Key Team

Mr. André Chevalley (Head of Corp. Clients Segment - Lucerne)

Mr. Daniel von Arx (Head of Communications)

Markus Ruggiero (Head of Cash Management Services)

Mr. Leo Grüter (Head of Corp. Clients & Private Banking and Member of Exec. Board)

Flavio Ciglia (Head of Real Estate Services)

Mr. Stefan Studer (Head of Private & Commercial Customers Department and Member of Exec. Board)

Claude Moser (Head of Import & Export Fin. - Corp. Clients)


Recognition and Awards
LUKB has been recognised multiple times including in 2018 with the Bank of the Year Award from The Banker Magazine, 2014 with the SRB Banks of the Year Award from the Global Banking & Finance Magazine and 2013 with the Financial Services Award from Global Finance.

References
Luzerner Kantonalbank
Leadership team

Mr. Daniel Salzmann (CEO, Head of Presial Department & Member of Exec. Board)

Mr. Marcel Hurschler (CFO, Head of Department Fin. & Computer Science and Member of Exec. Board)

Mr. Beat Hodel (Head of Department Market Services & Member of Exec. Board)

Products/ Services
Banking, Financial Services
Number of Employees
500 - 1000
Headquarters
Luzern, Luzern, Switzerland
Established
1850
Net Income
100M - 500M
Revenue
500M - 1B
Traded as
LUKN.SW
Social Media
Sat Feb 24 2024
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