Graubündner Kantonalbank
Encyclopedia
The Graubundner Kantonalbank (known as Banca Cantonal Grigione in Italian) is a Swiss cantonal bank
which is part of the 24 Cantonal bank's serving Switzerland
's 26 cantons. The headquarters are located in Chur
, and there are 76 branches around Graubünden
.
After a successful computerisation in the 1970s, the bank introduced its first automated teller machine
s in 1983. On September 10, 1985 GKB was listed on the Swiss Stock Exchange. In 1998 it received in writing a guarantee from the Swiss government of 100% back-up for its savers money. In the same year GKB purchased the private Zurich bank Bellerive. In more recent times, the company has begun working with the Private Client Bank in Zurich.
for normal Swiss citizens and outside. They also offer a business banking scheme.
Cantonal bank
Cantonal banks are Swiss governmental-owned commercial banks, that use the canton that they are based in as guarantee for the assets held there. However, currently they are in process of being partially privatised...
which is part of the 24 Cantonal bank's serving Switzerland
Switzerland
Switzerland name of one of the Swiss cantons. ; ; ; or ), in its full name the Swiss Confederation , is a federal republic consisting of 26 cantons, with Bern as the seat of the federal authorities. The country is situated in Western Europe,Or Central Europe depending on the definition....
's 26 cantons. The headquarters are located in Chur
Chur
Chur or Coire is the capital of the Swiss canton of Graubünden and lies in the northern part of the canton.-History:The name "chur" derives perhaps from the Celtic kora or koria, meaning "tribe", or from the Latin curia....
, and there are 76 branches around Graubünden
Graubünden
Graubünden or Grisons is the largest and easternmost canton of Switzerland. The canton shares borders with the cantons of Ticino, Uri, Glarus and St. Gallen and international borders with Italy, Austria and Liechtenstein...
.
History
The bank was founded in 1870. Just seven years later in 1877, it helped fund an Alpine Road to bring more tourism to its homeland area. In the great depression around 1919, the bank financially helped and supported the Swiss population, and when the post-wars boom came in 1945, it poured money into providing better public services.After a successful computerisation in the 1970s, the bank introduced its first automated teller machine
Automated teller machine
An automated teller machine or automatic teller machine, also known as a Cashpoint , cash machine or sometimes a hole in the wall in British English, is a computerised telecommunications device that provides the clients of a financial institution with access to financial transactions in a public...
s in 1983. On September 10, 1985 GKB was listed on the Swiss Stock Exchange. In 1998 it received in writing a guarantee from the Swiss government of 100% back-up for its savers money. In the same year GKB purchased the private Zurich bank Bellerive. In more recent times, the company has begun working with the Private Client Bank in Zurich.
Products
The Graubundner Kantonalbank offers a range of products based at different parts of the market. It offers an account for young people, one for private bankingPrivate banking
Private banking is banking, investment and other financial services provided by banks to private individuals investing sizable assets. The term "private" refers to the customer service being rendered on a more personal basis than in mass-market retail banking, usually via dedicated bank advisers...
for normal Swiss citizens and outside. They also offer a business banking scheme.