Schaffhauser Kantonalbank

Last updated
Schaffhauser Kantonalbank
Company typePublic-law institution
Industry Financial services
Founded1883;141 years ago (1883)
Headquarters,
Number of locations
6 branches
Area served
Canton of Schaffhausen
Key people
Alain Schmid (CEO)
Florian Hotz (Bank President)
Services Banking
Total assets 8.83 mln CHF [1]
Owner Canton of Schaffhausen
Number of employees
300 (2022)
Website www.shkb.ch

Schaffhauser Kantonalbank is a Swiss cantonal bank that serves and is based in Schaffhausen. It is wholly owned by the Swiss Canton of Schaffhausen and serves the area with six branches and ten ATMs. The bank offers both public and commercial banking services including savings, cards, real estate and investments. [2] [3]

Contents

History

Schaffhauser Kantonalbank was founded in 1883.

In 2015, the bank had to pay $1.6mln USD to the Department of Justice for unpaid tax of 182 accounts held by US customers. [4]

As of 2020, the bank had assets of 8.83mln CHF (2020) and recorded a profit of 45.96mln CHF. [5] By market share, Schaffhauser Kantonalbank was the 46th largest bank in Switzerland, and 18th largest Kantonalbank. [6]

Management structure

The Bank Council is the supervisory body of the Schaffhauser Kantonalbank. This consists of nine members and is currently chaired by Florian Hotz. The Canton of Schaffhausen determines the members. [7]

The organisational management is led by Martin Vogel, CEO. He previously worked for Schweizerischer Bankverein and UBS. [8]

Locations

Schaffhauser Kantonalbank operate six main branches in the canton: [9]

See also

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References

  1. "SHKB 2019 Report" (PDF) (in German). SHKB. Retrieved 1 July 2022.
  2. "Unser Unternehmen" (in German). SHKB. Retrieved 1 July 2022.
  3. "Schaffhauser Kantonalbank". Bloomberg. Retrieved 1 July 2022.
  4. "Schaffhauser Kantonalbank einigt sich mit den USA" (in German). SRF. Retrieved 1 July 2022.
  5. "Schaffhauser Kantonalbank". thebanks.eu. Retrieved 1 July 2022.
  6. "Schaffhauser Kantonalbank". thebanks.eu. Retrieved 1 July 2022.
  7. "Bankrat" (in German). SHKB. Retrieved 1 July 2022.
  8. "Martin Vogel". Swiss GAAP FER. Retrieved 1 July 2022.
  9. "Filialen" (in German). SHKB. Retrieved 1 July 2022.