Aargauische Kantonalbank

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Aargau Cantonal Bank

Aargauische Kantonalbank Head Office
Native name	Aargauische Kantonalbank
Industry	Financial services
Founded	1913 ^[1]
Headquarters	Aarau , Switzerland
Number of locations	32 ^[1]
Services	Banking
Total assets	31 777.48 mln CHF (2020) ^[1]
Number of employees	832 (2021) ^[1]
Website	akb.ch

Aargauische Kantonalbank is a cantonal bank based in the canton of Aargau, Switzerland.^[2] 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.^[1]

History

Founded in 1855 as Aargauische Bank, the company changed its name in 1913 to Aargauische Kantonalbank. Subsequently, the bank acquired Freiämter Bank SLO (1994) and Sparkasse Mättenwil (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]

References

^ ^a ^b ^c ^d ^e Bank Profile: Aargauische Kantonalbank
^ The Banker Database
^ "Kurzportrait der AKB" (in German). 11 August 2009. Archived from the original on 29 June 2009. Retrieved 4 July 2022.