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Berner Kantonalbank
Berner Kantonalbank

Financial services / Banking and Financial Services

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Company Overview

General information about the Berner Kantonalbank company
Berner Kantonalbank, also known as BEKB in short, is a regional Swiss bank headquartered in the city of Bern. It was founded in 1834 and is one of the largest banks in the canton of Bern, with a strong presence in the capital city and surrounding regions. The bank provides a range of financial services to individuals, businesses, and public institutions within the canton.
The bank's services include traditional banking products such as savings and checking accounts, loans, mortgages, and investment services. They also offer specialized services for small and medium-sized enterprises, as well as public sector financing for government entities and municipalities.
Berner Kantonalbank prides itself on being a socially responsible bank and actively supports projects and initiatives that benefit the local community and environment. This includes sponsoring cultural, social, and sporting events and implementing sustainable practices in their operations.
The bank has a strong financial standing and is listed as a G4 "Large Bank" by the Swiss National Bank, indicating significant importance in the Swiss financial system. It has received several accolades for its business practices and innovation, including being named one of the "Best Regional Banks in Switzerland" in 2020 by the magazine "Bilanz."
Overall, Berner Kantonalbank plays a vital role in the economic and social landscape of the canton of Bern, supporting individuals, businesses, and municipalities with their financial needs.
What is special about the Berner Kantonalbank company?
There are a few key factors that make Berner Kantonalbank (BEKB) stand out as a company:
1. History: BEKB was founded in 1834 and is one of the oldest banks in Switzerland. It has a long and rich history of providing banking services to the people of the Bern region.
2. Regional focus: BEKB's main focus is on the Bern region, specifically the canton of Bern. It is a regional bank that prioritizes serving the needs of its local community.
3. Government ownership: BEKB is majority-owned by the canton of Bern and is considered a government-owned bank. This ownership structure allows for a stable and long-term approach to banking, without the pressure to maximize profits.
4. Social responsibility: BEKB is deeply committed to social and environmental responsibility. It has implemented sustainable banking practices, supports local communities, and promotes ethical investing.
5. Strong financial performance: Despite its focus on social responsibility, BEKB has consistently performed well financially. It has a strong credit rating and has consistently generated profits.
6. Innovation: BEKB has been a pioneer in digital banking and has invested heavily in technology to improve its services and offerings. It was one of the first banks in Switzerland to offer online banking and mobile banking services.
7. Awards and recognition: BEKB has received numerous awards and recognition for its banking services and practices, including being named "Best Universal Bank in Switzerland" by Global Finance magazine in 2020.
Overall, BEKB's combination of history, regional focus, government ownership, social responsibility, financial performance, innovation, and recognition make it a unique and highly-regarded banking institution.

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