Cornèr Bank Group
Founded in Lugano in 1952, the Cornèr Bank Group is an independent Swiss private bank group operating on the national market as a full-service bank. Lugano is Switzerland's third-largest banking centre, after Zurich and Geneva.
The Group's business is structured around Cornèr Bank Ltd., for all general banking services, Cornèrcard, the group's payment cards brand, Cornèrtrader, its online trading platform, and its affiliates providing additional financial services.
The Cornèr Group strategy is to offer a full range of financial products and services to meet all the needs for private and institutional clients, based on the development of long-term relationships built on trust.
With its Cornèr, Cornèrcard, Cornèrtrader and BonusCard.ch brands, Cornèr Bank Ltd. positions itself successfully on the domestic market as a specialist in private banking, payment cards and online trading.
As regard to equity, the Cornèr Bank Group currently boasts an impressive capital ratio, with around three times the minimum statutory requirement. During the past years, Cornèr Bank Ltd. consistently ranked at the top in Switzerland as regards capital adequacy, according to statistical reports compiled by «The Banker».
Cornèr Bank Group consists of the Lugano-based parent bank Cornèr Bank Ltd., the four Swiss branches in Chiasso, Geneva, Locarno and Zurich, the affiliated Cornèr Bank (Overseas) Limited, Cornercard UK Ltd., Diners Club Italia S.r.l. and Dinit d.o.o.
History
1952 Establishment of the bank at Lugano, Switzerland
1975 Becomes the first bank to issue Visa cards in Switzerland
1996 Establishment of Cornèr Bank (Overseas) Limited, Nassau
1998 Becomes a Mastercard issuer
2011 Acquisition of a 100% stake in BonusCard.ch AG
2012 Launch of the Cornèrtrader online trading platform
2013 Establishment of Cornèrcard UK Ltd., London (UK)
2014 Licensed to issue Diners Club cards in Switzerland
2015 Acquisition of Diners Club Italia and Dinit d.o.o., Slovenia
2015 Starts issuing structured products
2018 Establishment of Cornèr Europe AG, Vaduz (Liechtenstein)
Key information
- Banking / Financial institutions
- Via Canova 16, Lugano
- BonusCard.ch AG
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