Zurich Cantonal Bank, or Zurcher Kantonalbank in local parlance, is the fourth largest bank and the largest cantonal bank in Switzerland with CHF 450 billion in total assets under management and a staff strength of 6000. A public-law institution in Switzerland, it is wholly owned by the canton of Zurich with the ultimate supervision coming under the Cantonal Council.
It is a universal bank, offering a vast array of products and services making use of the latest digital tools and systems. It says its focus is on agility and cost-effective solutions so that it can adapt to the fastevolving financial sector.
The products include private banking, crypto, international banking (representative offices in Singapore, Beijing, Mumbai and Sao Paulo), start-up financing, payment processing and advice on payment transactions and cards, online trading, savings accounts, company accounts, credit cards, prepaid cards, mortgages and retirement funds.
With 103 outlets, it has the largest network of branches in the canton of Zürich. It also has a network of international representatives and regional advisory offices in Beijing, Mumbai, Singapore, Panama, and São Paulo and a branch in Austria.
RELIANCE ON CLOUD
This story is from the November 2024 edition of Banking Frontiers.
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This story is from the November 2024 edition of Banking Frontiers.
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