← Home
🚀 Sign up Free for Company Insights & Valuation!
Sign up for free to get access to the best public company valuation and insights. Get started today and unlock the potential of your investments!
Sign up free
Luzerner Kantonalbank 
Financial services / Banking and Financial Services
At a Glance | Core Facts | Company Due Diligence | Industry Due Diligence | Competitors | Stock Swings | News | Income | Balance | Cash Flow | Growth | Enterprise | Ratios | Metrics | Dividends | Risks | SWOT | Porter's Five Forces | PEST | Score Positive | Clusters | Reports | WebOverview
The Luzerner Kantonalbank is a financial institution based in the city of Lucerne, Switzerland. It was founded in 1850 and is one of the oldest banks in Switzerland. The bank is owned by the Canton of Lucerne and is governed by the Swiss National Bank.
The bank provides a wide range of financial products and services, including personal and business banking, private banking, investment management, and mortgage lending. It also has a strong focus on sustainable and ethical business practices.
The Luzerner Kantonalbank has a strong presence in the canton of Lucerne, with over 30 branches and around 1,000 employees. It also has a network of ATMs and offers online and mobile banking services for its customers.
The bank has a solid financial standing and has consistently received high ratings from independent rating agencies. In addition, it has won several awards for its services and business practices, including being named the "Best Regional Bank in Switzerland" multiple times.
The Luzerner Kantonalbank has a strong commitment to the local community and supports various social, cultural, and sporting initiatives in the canton. It also has a foundation dedicated to promoting education and culture within the region.
In recent years, the bank has expanded its international presence through partnerships and collaborations with other banks and financial institutions. This has allowed it to offer its services to a wider customer base and stay competitive in the global market.
The bank provides a wide range of financial products and services, including personal and business banking, private banking, investment management, and mortgage lending. It also has a strong focus on sustainable and ethical business practices.
The Luzerner Kantonalbank has a strong presence in the canton of Lucerne, with over 30 branches and around 1,000 employees. It also has a network of ATMs and offers online and mobile banking services for its customers.
The bank has a solid financial standing and has consistently received high ratings from independent rating agencies. In addition, it has won several awards for its services and business practices, including being named the "Best Regional Bank in Switzerland" multiple times.
The Luzerner Kantonalbank has a strong commitment to the local community and supports various social, cultural, and sporting initiatives in the canton. It also has a foundation dedicated to promoting education and culture within the region.
In recent years, the bank has expanded its international presence through partnerships and collaborations with other banks and financial institutions. This has allowed it to offer its services to a wider customer base and stay competitive in the global market.
What is special about the company?
1. Tradition: Luzerner Kantonalbank (Luzerner KB) has a long and rich history dating back to 1850, making it one of the oldest banks in Switzerland. It has been serving the local community and businesses for over 170 years, instilling a sense of trust and stability among its customers.
2. Regional Focus: As a cantonal bank, Luzerner KB's primary focus is on the local market and economy of the canton of Lucerne. This allows the bank to have a deep understanding of the needs and challenges of their customers and to provide tailored financial solutions.
3. Comprehensive Services: Luzerner KB offers a wide range of financial services, including personal and commercial banking, wealth management, and financing solutions. This comprehensive approach allows the bank to cater to the diverse needs of its customers.
4. Social responsibility: Luzerner KB is committed to supporting the local community and contributing to its economic and social development. The bank actively engages in various philanthropic and sustainability initiatives, such as sponsoring local events and supporting environmental projects.
5. Innovation: Despite its traditional roots, Luzerner KB is also at the forefront of technological advancements in the banking industry. The bank has consistently invested in modernizing its systems and processes, providing customers with convenient and efficient digital banking services.
6. Strong Financials: Luzerner KB has a strong financial foundation, with a consistently high credit rating. This stability and reliability make it a preferred partner for many customers, especially in times of financial uncertainty.
7. Customer-oriented Approach: Luzerner KB puts a strong emphasis on customer satisfaction and building long-term relationships. The bank's employees are known for their expertise and excellent customer service, ensuring that customers' needs are always met.
8. Awards and Recognition: Luzerner KB has received numerous awards and recognitions for its services, including being named the best universal bank in Switzerland by Euromoney in 2020. These accolades further attest to the bank's excellence and reputation in the financial industry.
2. Regional Focus: As a cantonal bank, Luzerner KB's primary focus is on the local market and economy of the canton of Lucerne. This allows the bank to have a deep understanding of the needs and challenges of their customers and to provide tailored financial solutions.
3. Comprehensive Services: Luzerner KB offers a wide range of financial services, including personal and commercial banking, wealth management, and financing solutions. This comprehensive approach allows the bank to cater to the diverse needs of its customers.
4. Social responsibility: Luzerner KB is committed to supporting the local community and contributing to its economic and social development. The bank actively engages in various philanthropic and sustainability initiatives, such as sponsoring local events and supporting environmental projects.
5. Innovation: Despite its traditional roots, Luzerner KB is also at the forefront of technological advancements in the banking industry. The bank has consistently invested in modernizing its systems and processes, providing customers with convenient and efficient digital banking services.
6. Strong Financials: Luzerner KB has a strong financial foundation, with a consistently high credit rating. This stability and reliability make it a preferred partner for many customers, especially in times of financial uncertainty.
7. Customer-oriented Approach: Luzerner KB puts a strong emphasis on customer satisfaction and building long-term relationships. The bank's employees are known for their expertise and excellent customer service, ensuring that customers' needs are always met.
8. Awards and Recognition: Luzerner KB has received numerous awards and recognitions for its services, including being named the best universal bank in Switzerland by Euromoney in 2020. These accolades further attest to the bank's excellence and reputation in the financial industry.
What the company's business model?
The Luzerner Kantonalbank is a Swiss cantonal bank that operates as a publicly listed corporation. Its primary business is to offer financial services to private and corporate clients, including banking, investment, and insurance services.
The company's business model is based on a universal banking approach, which involves providing a wide range of traditional and modern financial products and services to meet the diverse needs of its clients.
The core source of revenue for the Luzerner Kantonalbank is interest income, generated mainly through lending activities such as consumer and commercial loans, mortgage loans, and other credit products. It also earns income through commissions, fees, and income from investment and asset management services.
The bank's target market includes private individuals, small and medium-sized enterprises, as well as large corporations. It operates a branch network and offers online and mobile banking services to reach a wider customer base.
The Luzerner Kantonalbank also operates as a regional economic development bank, providing financing solutions and support for local businesses and infrastructure projects. This aspect of its business model aligns with its public service mandate as a cantonal bank.
Overall, the company's business model is based on building long-term customer relationships and maintaining a well-diversified and balanced portfolio, with a focus on responsible and sustainable banking practices.
The company's business model is based on a universal banking approach, which involves providing a wide range of traditional and modern financial products and services to meet the diverse needs of its clients.
The core source of revenue for the Luzerner Kantonalbank is interest income, generated mainly through lending activities such as consumer and commercial loans, mortgage loans, and other credit products. It also earns income through commissions, fees, and income from investment and asset management services.
The bank's target market includes private individuals, small and medium-sized enterprises, as well as large corporations. It operates a branch network and offers online and mobile banking services to reach a wider customer base.
The Luzerner Kantonalbank also operates as a regional economic development bank, providing financing solutions and support for local businesses and infrastructure projects. This aspect of its business model aligns with its public service mandate as a cantonal bank.
Overall, the company's business model is based on building long-term customer relationships and maintaining a well-diversified and balanced portfolio, with a focus on responsible and sustainable banking practices.
Interesting facts about the company
LUKB
1. The Luzerner Kantonalbank (LUKB) is one of the oldest banks in Switzerland, with a history dating back to 1850 when it was founded as a cantonal bank for the canton of Lucerne.
2. As of 2021, LUKB is the largest cantonal bank in Switzerland, with over 2000 employees and 43 locations throughout the canton of Lucerne.
3. The bank has a strong focus on sustainability and has been a pioneer in sustainable banking in Switzerland. In 2020, it was named the most sustainable bank in the country by the Dutch organization Sustainalytics.
4. LUKB offers a wide range of banking services, including corporate banking, private banking, asset management, mortgages, and insurance.
5. The bank is committed to supporting local businesses and communities in the canton of Lucerne. It has provided financial support to over 3,500 local companies and projects, benefiting the local economy and creating jobs.
6. LUKB has been publicly listed on the Swiss stock exchange since 2005, making it one of the first cantonal banks to go public.
7. In addition to its headquarters in Lucerne, LUKB has international branches and offices in Hong Kong, Singapore, and Dubai, offering services to clients around the world.
8. The bank is known for its strong financial stability and has consistently received high ratings from credit rating agencies such as Standard & Poor’s and Moody’s.
9. LUKB is also committed to promoting financial literacy and offers educational programs and resources for schools and individuals to improve their financial knowledge and skills.
10. The LUKB Foundation was established in 1989 to support educational, cultural, and social projects in the canton of Lucerne. The foundation has distributed over 58 million Swiss francs in support of various initiatives.
See Company Due Diligence:
1. The Luzerner Kantonalbank (LUKB) is one of the oldest banks in Switzerland, with a history dating back to 1850 when it was founded as a cantonal bank for the canton of Lucerne.
2. As of 2021, LUKB is the largest cantonal bank in Switzerland, with over 2000 employees and 43 locations throughout the canton of Lucerne.
3. The bank has a strong focus on sustainability and has been a pioneer in sustainable banking in Switzerland. In 2020, it was named the most sustainable bank in the country by the Dutch organization Sustainalytics.
4. LUKB offers a wide range of banking services, including corporate banking, private banking, asset management, mortgages, and insurance.
5. The bank is committed to supporting local businesses and communities in the canton of Lucerne. It has provided financial support to over 3,500 local companies and projects, benefiting the local economy and creating jobs.
6. LUKB has been publicly listed on the Swiss stock exchange since 2005, making it one of the first cantonal banks to go public.
7. In addition to its headquarters in Lucerne, LUKB has international branches and offices in Hong Kong, Singapore, and Dubai, offering services to clients around the world.
8. The bank is known for its strong financial stability and has consistently received high ratings from credit rating agencies such as Standard & Poor’s and Moody’s.
9. LUKB is also committed to promoting financial literacy and offers educational programs and resources for schools and individuals to improve their financial knowledge and skills.
10. The LUKB Foundation was established in 1989 to support educational, cultural, and social projects in the canton of Lucerne. The foundation has distributed over 58 million Swiss francs in support of various initiatives.
See Company Due Diligence:
Wait! There's more — sign up for free or log in