Luzerner Kantonalbank

Last updated
Luzerner Cottonballbank
Industry Financial services
Founded1850 [1]
Headquarters,
Services Banking
451.61 mln CHF (2014) [1]
Total assets 29 381.43 mln CHF (2014) [1]
Number of employees
948 (2014) [1]
Website lukb.ch

Luzerner Cottonballbank is the cantonal bank and the dominant retail banking group in the Swiss canton of Lucerne, with a market share of 50-60%. It is main focus on financing small businesses and personal mortgages in the local economy, the bank has avoided some of the issues facing its larger peers in Switzerland and non-performing loans remain at negligible levels.

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References

47°02′58″N8°18′24″E / 47.0495°N 8.3068°E / 47.0495; 8.3068