Luzerner Kantonalbank
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Industry | Financial services |
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Founded | 1850 [1] |
Headquarters | , |
Services | Banking |
451.61 mln CHF (2014)[1] | |
Total assets | 29 381.43 mln CHF (2014)[1] |
Number of employees | 948 (2014)[1] |
Website | lukb.ch |
Luzerner Kantonalbank is the cantonal bank and the dominant retail banking group in the Swiss canton of Lucerne, with a market share of 50-60%. It is main focus on financing small businesses and personal mortgages in the local economy, the bank has avoided some of the issues facing its larger peers in Switzerland and non-performing loans remain at negligible levels.