Loans
In accordance with Article 734b CO1), loans to the members of the Board of Directors and the Executive Board must be disclosed at the end of the year . If other loans are granted to related parties of members of these governing bodies, these must also be disclosed, unless they were granted under normal market conditions.
Loans to members of the Board of Directors
Pursuant to Art. 21 no. 6 of the Articles of Association1), loans to members of the Board of Directors are granted under normal market conditions.
LUKB granted loans to the members of the Board of Directors (normally secured by mortgage, in one case an account overdraft of < 2,000 Swiss francs) as shown in the following table.
Loans to related parties of the Board of Directors are also made under normal market conditions, i.e. the same conditions apply as for clients with a comparable credit rating. No discounts were granted other than what is customary in the market.
Values in CHF | 31 December 2025 | 31 December 2024 | ||
Andreas Emmenegger | 3,368,750 | 1,556,750 | ||
Erica Dubach Spiegler | 1,215 | 0 | ||
Marc Gläser | 2,300,006 | 2,300,000 | ||
Nicole Willimann Vyskocil | 2,350,000 | 2,350,000 | ||
Total loans to members of the Board of Directors | 8,019,971 | 6,206,750 |
Loans to members of the Executive Board
Pursuant to Art. 24 no. 11 of the Articles of Association1), loans to members of the Executive Board are granted up to a maximum amount of 1,250,000 Swiss francs at the applicable staff conditions for employees and under normal market conditions for higher amounts.
LUKB granted loans (backed by mortgage or securities collateral) to the members of the Executive Board as shown in the following table.
In addition to employees, Luzerner Kantonalbank grants staff conditions to employees' family members (partners and minors) for the banking services they use. The preferential conditions remain in place in the event of retirement. The volume of business affected was so low in the past financial year that the discounts are not shown for reasons of materiality.
Values in CHF | 31 December 2025 | 31 December 2024 | ||
Daniel Salzmann, Head of the Office of the President, CEO | 1,950,000 | 1,950,000 | ||
Beat Hodel, Head of the Corporate Clients & Private Banking Department | 700,000 | 700,000 | ||
Marcel Hurschler, Head of the Finance & Investment Department, CFO | 715,000 | 715,000 | ||
Simon Kauth, Head of the Technology and Services Department | 0 | 0 | ||
Stefan Studer, Head of the Private and Commercial Clients Department | 1,750,000 | 1,750,000 | ||
Total loans to members of the Executive Board | 5,115,000 | 5,115,000 |