Overview
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Description
Luzerner Kantonalbank AG is a leading cantonal bank founded in 1850, serving as the dominant retail banking institution in Canton Lucerne, Switzerland, with a market share of 50-60%. Operating as a full-service universal bank, it provides comprehensive services including real estate and business financing, mortgage loans, pension provision, asset advisory, portfolio management, and investment fund administration through its subsidiaries like LUKB Expert Fondsleitung AG. Backed by a state guarantee from Canton Lucerne, its principal shareholder holding about 61% of shares, the bank maintains high trust levels and supports small and medium-sized enterprises across German-speaking Switzerland. With a balance sheet exceeding 62 billion Swiss Francs, over 1,400 employees, and 23 branches, it ranks among Switzerland's top ten banks, managing client assets of around 42.6 billion Swiss Francs. Luzerner Kantonalbank AG emphasizes sustainable growth, diversified income from interest, commissions, and trading, while integrating ESG factors into its offerings, underscoring its role in regional economic stability and global investment strategies.
About
CEO
Mr. Daniel Salzmann
Employees
1181
Address
Pilatusstrasse 12
Postfach
Lucerne, 6003, MI
Switzerland
Postfach
Lucerne, 6003, MI
Switzerland
Phone
41 844 822 811
Website
Instrument type
Common stock
Sector
Financial Services
Industry
Banks - Regional
Country
United Kingdom
MIC code
XLON