Private company

Basel Cantonal Bank

Logo: Unknown author Unknown author, Public domain, via Wikimedia Commons4

Swiss cantonal bank based in BKB building Aeschenvorstadt1

Basler Kantonalbank (Basel Cantonal Bank) is a Swiss cantonal bank, one of the 24 cantonal banks serving Switzerland's 26 cantons, founded in 1899. In 2019, Basler Kantonalbank had 15 branches with 842 total employees; the total assets of the bank were CHF 27.305 billion. Basler Kantonalbank has a full state guarantee of its liabilities.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1899Founded1
  • Industryfinancial service activities, except insurance and pension funding1
  • HeadquartersBKB building Aeschenvorstadt1
  • Websitewww.bkb.ch
  • Legal formAnstalt des öffentlichen Rechts1
  • LEIHV5W8PGLJ127N2SFSM233
  • StatusActive3
  • LEI statusIssued and current3
  • Registered addressAeschenvorstadt 41, 4051 Basel, Switzerland3
  • Registered withFederal Statistical Office, CHE1089544933

Basler Kantonalbank (Basel Cantonal Bank) is a Swiss cantonal bank, one of the 24 cantonal banks serving Switzerland's 26 cantons, founded in 1899. In 2019, Basler Kantonalbank had 15 branches with 842 total employees; the total assets of the bank were CHF 27.305 billion. Basler Kantonalbank has a full state guarantee of its liabilities.2

Corporate structure

Basel Cantonal Bank sits at the top of its group. 2 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

  • Basel Cantonal Bank Basel, Switzerland
    • Bank Cler AG Subsidiary · Basel, Switzerland

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0). Each entity in the chart links to its source.

The story

Since 1999, it has had a majority ownership of Bank Cler (formerly Coop Bank).

In October 2012 the bank's CEO, Hans Rudolf Matter, resigned after 620 clients lost more than CHF 100 million in a scandal involving ASE investments. Eventually the number of affected clients grew to about 1,500.

In 2013, Chairman Andreas Albrecht was forced to resign following the Swiss Financial Market Supervisory Authority (FINMA)'s decree that the bank had rigged sales of its own participation certificates. On 21 November 2013, BKB was ordered to pay back CHF 2.6 million ($2.9 million) that had been earned through these improper sales.

In 2023, Basler Kantonalbank joined the Asset Management Association Switzerland (Amas), becoming the eighth cantonal bank to support the initiative.

From Wikipedia’s article on Basler Kantonalbank, shared under CC BY-SA 4.0.5

Timeline

  1. 1899Founded Founded1