About us
Roots in Switzerland; a bank with history
The predecessor of Bank CIC, the Banque d’Alsace et de Lorraine (BAL), was founded in 1871 by Basel entrepreneurs for the financial concerns of other entrepreneurs. In 1909, Bank BAL opened its first counters in Basel.
Bank CIC has nine offices in Switzerland. Our Swiss management and our local employees ensure a solid integration into the Swiss banking landscape.
| 1871 |
Entrepreneurs from Basel found the Banque d’Alsace et de Lorraine (BAL). |
| 1909 |
BAL opens its first counter in Basel. |
| 1931 |
BAL is acquired and becomes a branch of CIAL, Strasbourg. |
| 1984 |
The branch of CIAL, Strasbourg is converted and the Swiss bank CIAL (Switzerland) Ltd. is founded. |
| 2010 |
The bank has around 250 employees and reorganises to focus on providing full support to Swiss companies and entrepreneurs. |
| 2019 |
Total assets exceed CHF 10 billion and the number of employees 400 for the first time. Bank CIC positions itself as an omnichannel bank with CIC eLounge, one of the most modern e-banking offerings. |
| 2021 | Anniversary: Bank CIC celebrates its 150th birthday. Livia Moretti is appointed CEO of Bank CIC with effect from 1 February. |
| 2023 |
On 28 November Bank CIC presents its new strategy and development goals for the coming four years. |
Financial stability thanks to strong roots
Bank CIC is a subsidiary of Crédit Mutuel. The French financial group Crédit Mutuel is one of the best capitalised banks in the world with 8.9 million members. The Group has more than 37.8 million customers and employs more than 84,500 people worldwide.
We build the financial future of our customers on the stable foundation of our parent company. At the same time, this affiliation ensures our customers access to an international network. The stable shareholder base and the clear ownership structure guarantee security, continuity and reliability.
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