Portrait of the St.Galler Kantonalbank Group
The St. Galler Kantonalbank (SGKB) was founded in 1868 to provide - like all cantonal banks - the local population and the small and middle-sized companies in the Canton of St. Gallen with banking services and thus support the economy of the region.
The St.Galler Kantonalbank is a stock corporation since 2001 and listed on the Swiss stock exchange. The Canton of St. Gallen as majority shareholder owns 54.8% of the share capital.
As measured by total assets of 2007 St.Galler Kantonalbank is the ninth largest universal bank and 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.
On June, 30 2008 the group had a total of 1205 employees. The assets of the parent company are covered by a government guarantee. The company has an Aa1 rating of Moody’s.
The Cantonal Banc Act (german)
St.Galler Kantonalbank Germany Ltd. in Munich
St.Galler Kantonalbank Germany Ltd., established in 2009 as a 100% subsidiary of SGKB, concentrates on investment business. It mainly caters for private banking clients, but will also provide services for instutional clients. The subsidiary is a stock corporation according to German company law and is owner of the licence of the German Bundesanstalt für Finanzdienstleistungsaufsicht BaFin to operate banking business in Germany.
Swisscanto is our partner in the area of fund management. The company is a subsidiary of the Swiss cantonal banks.
Through Swisscanto we provide a wide range of investment funds investing in stocks, bonds, money markets, special issues and real estate. Asset allocation funds provide the possibility to create asset portfolios with clearly structured risk profiles.
Swisscanto is the third largest fund provider in Switzerland.