Basler Kantonalbank (BKB) plans to increase its annual payment for the state guarantee by CHF 5 million, resulting in a total of CHF 15.2 million from 2025 to 2028.

This adjustment is in accordance with the decision made by the government council of the Canton of Basel-Stadt, which has determined the compensation amount based on the bank's liabilities.

The state guarantee acts as a safety net for the bank, ensuring that if it were to go bankrupt, the canton would cover any outstanding debts.

This financial arrangement highlights the ongoing relationship between BKB and the local government, emphasizing the significance of the guarantee in maintaining stability within the banking sector.