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Glarner Kantonalbank

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Switzerland

Founded in

1884 (141 Years)

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2.67

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Security Information

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    What are the differences in regulations for each

    License

    A Grade License

    Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

    B Grade License

    Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

    C Grade License

    Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

    D Grade License

    From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

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    Get to know Glarner Kantonalbank

    The Glarner Kantonalbank with 6 locations and 20 ATMs has strong roots in the canton Glarus. As a universal bank, the GLKB is focussed on mortgage and savings business as well as asset management and investment business. The Bank provides its services primarily to customers in the Canton of Glarus and the neighboring economic area. In recent years, Glarner Kantonalbank has successfully launched four pure online products through an online sales strategy. This means that the entire German-speaking region of Switzerland can be operated with an innovative, self-developed online channel 7x24 hours.

    Industry

    • Financial BankingPRIMARY
    • Financial Other Service

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