Luzerner Kantonalbank AG - Company Profile
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Luzerner Kantonalbank AG (LKB) is a provider of a range of banking products and other related financial solutions. Its main activities include providing tailored financial solutions such as business accounts, payment processing, e-commerce services, wealth management services, asset management, pension products, and working capital finance. The bank also offers business loans, investment finance, trade finance solutions, and real estate financing. LKB's services serve a diverse clientele, including retail customers, entrepreneurs, real estate investors, and institutional clients across various industries. The bank operates through a network of branches and digital banking and offers personal consultation services. LKB is headquartered in Lucerne, Switzerland.
Luzerner Kantonalbank AG premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Accounts and Deposits: | E-Banking |
| Savings Accounts | ATM Services |
| Current Accounts | Securities Trading |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | New Products/Services | In October, the bank introduced the new energy saving mortgage plus service. |
| 2024 | New Products/Services | In September, the bank introduced the deposit and withdrawal of cryptocurrencies with secure custody. |
| 2023 | Others | In April, the bank was affirmed with a private banking rating of Excellent and Long-time quality leader by Swiss business magazine BILANZ. |
Competitor Comparison
| Key Parameters | Luzerner Kantonalbank AG | Basler Kantonalbank AG | Basellandschaftliche Kantonalbank | Graubundner Kantonalbank | Zuger Kantonalbank AG |
|---|---|---|---|---|---|
| Headquarters | Switzerland | Switzerland | Switzerland | Switzerland | Switzerland |
| City | Luzern | Basel | Liestal | Chur | Zug |
| State/Province | Luzern | Basel-Stadt | - | - | - |
| No. of Employees | 1,181 | 1,271 | 846 | 911 | 521 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Marcel Hurschler | Chief Financial Officer; Head - Finance and Investment; Deputy-Chief Executive Officer | Senior Management | 2021 | 59 |
| Daniel Salzmann | Chief Executive Officer, Head-Presidential Department | Senior Management | 2014 | 62 |
| Markus Hongler | Chairman | Non Executive Board | - | 69 |
| Marc Glaser | Director | Non Executive Board | - | 58 |
| Roger Studer | Director | Non Executive Board | 2021 | 59 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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