Aargauische Kantonalbank Explained

Aargau Cantonal Bank
Native Name:Aargauische Kantonalbank
Industry:Financial services
Predecessors:-->
Successors:-->
Foundation:1913
Founders:-->
Location City:Aarau
Location Country:Switzerland
Locations:32
Services:Banking
Assets:31 777.48 mln CHF (2020)
Owners:-->
Num Employees:832 (2021)
Website:akb.ch

Aargauische Kantonalbank is a cantonal bank based in the canton of Aargau, Switzerland.[1] Its head office is situated at Aarau (AG). Founded in 1913, Aargau Cantonal Bank in 2021 had 832 employees and 32 offices in Switzerland, total assets were 31 777.48 mln CHF.[2]

History

Founded in 1855 as Aargauische Bank, the company rebranded in 1913 to Aargauische Kantonalbank. Later on, it acquired Freiämter Bank SLO in 1994 and Sparkasse Mättenwil in 1999. In 1999, the bank also opened a subsidiary in Olten in the canton of Solothurn which, after the cessation of activity of the cantonal bank of Solothurn (Solothurnische Kantonalbank) following a financial meltdown, no longer had a cantonal bank.[3]

See also

References

47.3914°N 8.0496°W

Notes and References

  1. http://www.thebankerdatabase.com/index.cfm/banks/all/?letter=A The Banker Database
  2. https://www.akb.ch/die-akb/ueber-uns/profile Bank Profile: Aargauische Kantonalbank
  3. Web site: Kurzportrait der AKB. de. 11 August 2009. 4 July 2022. 29 June 2009. https://web.archive.org/web/20090629184611/http://www.akb.ch/AxCMSwebLive_AKB/publish/akb_aid_kurzportrait.aspx?ActiveID=154. dead.