On record
This profile is no longer actively maintained, with the information now possibly out of dateJohan Frijns, BankTrack
On record
This profile is no longer actively maintained, with the information now possibly out of dateJohan Frijns, BankTrack
Website | http://www.zkb.ch/de/center_worlds/englishwindow.html |
Headquarters |
Bahnhofstrasse 9
8001 Zurich
Switzerland
|
CEO/chair |
Mr. Martin Scholl CEO |
Supervisor | |
Ownership |
Zürcher Kantonalbank (ZKB) is wholly owned by the canton of Zurich. |
ZKB (the Zurich Cantonal Bank) is the largest cantonal bank and fourth largest bank in Switzerland, as well as the leading financial services provider in the Greater Zurich area, with total assets of over CHF 158 billion. Our core activities include financing businesses, asset and wealth management, trading, capital market transactions, deposits, payment transactions and card business.
ZKB, as an independent, incorporated public-law institution, is wholly owned by the Canton of Zurich. Ultimate supervision of ZKB is the responsibility of the Cantonal Council of Zurich, whose duties are laid down in Zurich's Cantonal Bank Act.
Under the law, the canton of Zurich bears responsibility for all ZKB's liabilities should the bank's resources prove inadequate. This cantonal guarantee acts as a stabilizing force for the financial market as a whole, particularly in times of economic uncertainty.
Zurich Kantonalbank is linked to a number of companies and projects that BankTrack considers controversial (so called Dodgy Deals), e.g. as a current or past financier or through an expression of interest. The profiles below provide more details on the nature of Zurich Kantonalbank's link to these deals.
This page evaluates Zurich Kantonalbank's responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations. It is not intended to be exhaustive, but covers selected impacts raised by BankTrack and other civil society partners since 2016. For the full scoring methodology, see here. For more information about BankTrack's evaluation of bank responses to human rights impacts, see the 2021 report "Actions speak louder: assessing bank responses to human rights violations".
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