Balance and performance

Private Banking excellence in Ticino

Strong links with the Canton of Ticino

The bank


Axion SWISS Bank SA is a bank based in Canton Ticino, specialising in world class Private Banking services. Created in 1998, it has been part of BancaStato Group since 2010. The Group acquired control of the bank from UniCredit (Suisse) Bank SA, now Axion, with the intent of securing specific know-how and developing an international Private Banking division. In 2016, the expertise of the Private Banking centre was further strengthened with the acquisition of part of the Private Banking arm of Société Générale Private Banking (Lugano-Switzerand) SA, thus doubling in size. Axion is first and foremost a Bank focused on its clients’ requirements, placing great importance on the value created for clients in terms of portfolio performance, as well as on close and stable relationships. Axion is well known for its solidity, prudent approach and security derived from being part of BancaStato Group. As a result, Axion can offer its Private Banking clients a 360-degree comprehensive service, including a platform of additional and complementary services such as mortgages. Axion SWISS Bank SA is 100% owned by Banca dello Stato, Canton Ticino.




Click on the name of each Board Director and Executive Board member to view their Curriculum Vitae.



Executive Board:


Renzo Triulzi

Part of the BancaStato Group since the beginning


Banca dello Stato of the Canton of Ticino was created in 1915 with the aim of promoting the economic development of the Canton and to offer Ticino’s population the possibility of investing their savings securely and profitably. A hundred years have passed since its creation and BancaStato has never failed in its important mission, firmly anchored in the law. Pursuant to the public mandate it received, the institution benefits from a State guarantee in the running of its business. As a bank historically linked to real estate mortgages, the range of services it delivers has gradually increased over the years. Thanks to over 400 employees working in 4 branches and 16 agencies spread all over the Canton, it can provide all the services and products of a global bank: from granting loans to private individuals and companies, to payment transactions, to retirement funds and wealth management services. The bank also has a wide range of electronic banking services and a capillary network of ATMs all over the Canton.

Given the ongoing uncertainty in the banking world due to the economic situation, BancaStato is a trustworthy, stable and competent partner capable of offering its clients the wide range of services that only large banks can provide, while always remaining close to its clients – a typical feature of an institution strongly rooted in its region.


AXION KEY FIGURES (31.12.2023)

  • 100% owned by BancaStato
  • A Swiss success story since 1998
  • Focused on high-quality Private Banking
  • Independent management of Luxembourg-based SICAV funds
  • Balance sheet total: CHF 1.24 billion
  • Core Tier 1 (CET1) : 27.2%
  • 74 employees



  • Owned by the State and the Republic of the Canton of Ticino
  • Guaranteed by the State
  • Bank created in 1915
  • Balance sheet total: CHF 17.1 billion
  • Real estate mortgages : CHF 11.8 billion
  • Core Tier 1 (CET1): 15.3%
  • 487 employees, 4 branches, 16 agencies
Axion SWISS Bank Performance is our Mission