Luzerner Kantonalbank | |
Industry: | Financial services |
Predecessors: | --> |
Foundation: | 1850 [1] |
Founders: | --> |
Location City: | Luzern |
Location Country: | Switzerland |
Services: | Banking |
Operating Income: | 451.61 mln CHF (2014) |
Assets: | 29 381.43 mln CHF (2014) |
Owners: | --> |
Num Employees: | 948 (2014) |
Website: | lukb.ch |
Luzerner Kantonalbank 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.