- Zurich Cantonal Bank is the largest cantonal bank and fourth largest bank in Switzerland, as well as the leading financial services provider in the Greater Zurich area, with total assets of over CHF 150 billion
Zurich Cantonal Bank Net worth 2024 (estimated)
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Zurich Cantonal Bank facts
- ZKB, as an independent, incorporated public-law institution, is wholly owned by the Canton of Zurich
- Ultimate supervision of ZKB is the responsibility of the Cantonal Council of Zurich, whose duties are laid down in Zurich's Cantonal Bank Act
- Under the law, the canton of Zurich bears responsibility for all ZKB's liabilities should the bank's resources prove inadequate
- This cantonal guarantee acts as a stabilising force for the financial market as a whole, particularly in times of economic uncertainty
- On October 2009, Global Finance magazine rated ZKB at one of the five safest banks in the world, on the basis of it being one of only five financial institutions that enjoyed a triple Standard & Poor's, Fitch and Moody's AAA/Aaa rating globally
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