Cantonal bank

The cantonal banks (German: Kantonalbank, French: banque cantonale, Italian: banca cantonale) are 24 Swiss government-owned commercial banks. Most of them were founded between 1834 and 1916, although the Banque cantonale du Jura was founded in 1979, as the canton of Jura was not formed until 1978, by its separation from the Canton of Berne. 21 are provided by the canton in which they are based, with a guarantee for the assets held there.

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.