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Overview
Walliser Kantonalbank (WK) is a Swiss regional bank founded in 1917 and headquartered in the canton of Valais. It is one of the 24 cantonal banks in Switzerland, majority-owned by the canton of Valais. WK provides a wide range of financial services to individuals, businesses, and institutions, including banking, capital market, wealth management, and insurance services. As a cantonal bank, WK is subject to regulation by the Swiss Financial Market Supervisory Authority (FINMA) and is also supervised by the Government of the Canton of Valais. The bank operates through a network of 31 branches and has a strong presence in its home market of Valais. It also has representative offices in Bern and Zurich. WK places a strong emphasis on sustainability and responsible banking practices, including promoting renewable energy and supporting local businesses. It is also committed to social and cultural projects in the communities it serves. In addition to its retail banking services, WK offers specialized financial solutions for small and medium-sized enterprises, as well as agricultural and real estate clients. It also has a private banking division that caters to the needs of affluent and high-net-worth individuals. As of June 30, 2021, WK had total assets of CHF 24.2 billion and employed over 730 people. It has consistently received high ratings from credit rating agencies, reflecting its strong financial position and stability. Overall, Walliser Kantonalbank is a well-established and trusted Swiss bank that serves as a key financial institution in the canton of Valais. Its commitment to sustainability and community development, along with its range of products and services, make it a popular choice for customers in the region.
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