History

PKB was established in Zurich in 1958 as Privat Kredit Bank. Its history is that of a straightforward, fair and transparent bank, which has grown over time in size and prestige.

  • 1958

    Founding Year

  • Lugano branch opening

    1969

  • 1984

    Geneva branch opening

  • Acquisition of Banque Worms & Cie (Suisse) SA, Geneva

    1990

  • 1995

    Incorporation of Privat Kredit Bank Ltd., St. John’s, Antigua (West Indies)

  • Change of name to the current PKB Privatbank

    1998

  • 2000

    Transfer of registered office to Lugano

  • Acquisition of 30% of Cassa Lombarda Spa, Milan

    2001

  • 2004

    Acquisition of Banca Monte Paschi (Suisse) SA

  • Acquisition of an equity investment in EIH Endurance Investments Holding SA

    2005

  • 2009

    Bellinzona branch opening

  • Acquisition of Banca Gesfid Lugano

    2010

  • 2012

    Purchase of CMB Banque Privée (Suisse) SA, Lugano

  • Incorporation of PKB Banca Privada (Panamà) SA

    2012

  • 2013

    Purchase of LLB (Suisse), SA Lugano Branch

  • Acquisition of Alasia Investments SA and Lausanne branch opening

    2014

  • 2014

    Incorporation of PKB Servizi Fiduciari SpA, Milan

  • Sale of PKB Privatbank LTD, Antigua to Ansbacher (Bahamas)

    2015

  • 2016

    PKB increases its stake in the Cassa Lombarda shareholding to 99.5%