Portrait
St.Galler Kantonalbank has changed a lot since its foundation in 1868. From a government-owned credit institution has emerged a modern universal bank.
As measured by total assets of 2013, St.Galler Kantonalbank is the fifth largest cantonal bank in Switzerland. The parent company SGKB offers the entire range of financial services to its clients in the Cantons of St. Gallen and Appenzell Ausserrhoden. Moreover, the bank as an employer, taxpayer and sponsoring partner takes on its responsibility for the economic, social and cultural development of the region.
The assets of St.Galler Kantonalbank (SGKB) are covered by a government guarantee. The company has an Aa1 rating of Moody’s.
History
| 1868 | Foundation of the 'St. Gallische Kantonalbank' |
| 1907 | First four branches within the canton (Wil, Rorschach, Wattwil, Mels) |
| 1912 | Acquisition of 'Ersparnisanstalt Degersheim' and 'Ersparnisanstalt Rheineck-Thal-Lutzenberg' (small local banks) |
| 1914 | Acquisition of 'Bank in Altstätten' |
| 1937 | Collapse of 'Sparkasse Gams' and acquisition by SGKB |
| 1950 | Acquisition of 'Bank in Bad Ragaz' |
| 1966 | Implementation of electronic data processing |
| 1970 | Implementation of teleprocessing |
| 1979 | First Sesam-Self-Service-Bank and first drive-in ATC in Europe |
| 1986 | Implementation of videotext-telebanking |
| 1992 | Acquisition of 'Sparkasse Diepoldsau-Schmitter' |
| 1994 | Acquisition of 'Ersparnisanstalt Jonschwil' |
| 1994 | First Mood’s Rating (at that time: Aa2) |
| 1994 | Take-over of 'Sparkasse der Katholischen Administration des Kantons St. Gallen' |
| 1996 | New Cantonal Bank Act (Basis for partial privatization) |
| 1996 | Take-over of 'Bank in Niederuzwil' |
| 1996 | First branch beyond the borders of the Canton of St. Gallen in Herisau, Appenzell-Ausserrhoden |
| 1998 | Centralization of back-office services |
| 1999 | Implementation e-banking |
| 2000 | Transformation into a stock corporation |
| 2000 | New name: St.Galler Kantonalbank |
| 2000 | Take-over of 'Bank Wartau-Sevelen' |
| 2001 | at the SIX Swiss Exchange (IPO: April 2nd, 2001) |
| 2002 | Acquisition 'Hyposwiss Privatbank AG', Zurich |
| 2003 | Acquisition of 'Bank Thorbecke AG', St. Gallen |
| 2003 | Moody’s up-grading to Aa1 |
| 2003 | Foundation of the subsidiary 'RSN Risk Solution Network AG' |
| 2007 | until 2008 migration to new state-of-the-art Avaloq-IT-Platform |
| 2008 | Acquisition of 'Anglo Irish Bank (Suisse) SA' (now Hyposwiss Private Bank SA Genève) |
| 2009 | Foundation of the 'St.Galler Kantonalbank Deutschland AG', Munich |
| 2013 | Devestition of Hyposwiss Geneva and the cross-border wealth management business of Hyposwiss Zurich and continuation of the remaining business as SGKB office in Zurich |
| 2014 | Acquisition of Vadian Bank Ltd, St. Gallen |
Contact
St.Galler Kantonalbank Ltd.
St. Leonhardstrasse 25
9001 St. Gallen
T +41 (0)71 231 31 31
E-Mail
BIC/Swift: KBSGCH22
Postal account: 90-219-8
Clearing-No.: 781