The Bank of New York Mellon SA

Established in 1784, The Bank of New York Mellon (BNY Mellon) is an American investments company. BNY Mellon provides investment management, investment services and wealth management for institutions and individuals all over the world.

Financials

Total Assets (2017)
36 460.64 mln EUR  (+1.13%)

The Bank of New York Mellon SA is the 7th largest bank in Belgium in terms of total assets. In 2017 its total assets were 36 460,64 mln EUR, providing the bank with the market share of 3.23%.

The Bank of New York Mellon SA is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is AA- (very high credit quality). Long-term credit rating assigned to the bank by Moody's is Aa1 (high grade).

The Bank of New York Mellon SA participates in deposit guarantee scheme of Belgium. This scheme covers accounts up to 100 000 EUR per bank per depositor.

Contacts

Rue Montoyer 46, 1000, Bruxelles, Belgium

The Bank of New York Mellon SA is headquartered in Bruxelles.

Bank Identifiers

MFI ID
BE0806743159

Financial Positions

Total Assets (2017)
36 460.64 mln EUR  (+1.13%)

In 2017 total assets of The Bank of New York Mellon SA were 36 460.64 mln EUR. Growth compared to the previous period (2016) was 1.13%. The evolution of the total assets of The Bank of New York Mellon SA is shown at Chart 1 below.

Total Assets of The Bank of New York Mellon SA.

Chart 1. Total Assets of The Bank of New York Mellon SA.

Recent changes in total assets of The Bank of New York Mellon SA and its main components are shown in Table 1.

2016 2017 % change
Cash and deposits with Central Banks 10 897.9 11 783.4 +8.13%
Loans to banks 8 233.9 8 837.3 +7.33%
Loans to customers 391.1 603.8 +54.40%
Total Assets 36 053.1 36 460.6 +1.13%
Table 1. Recent changes in total assets of The Bank of New York Mellon SA (mln EUR).

Recent changes in total liabilities of The Bank of New York Mellon SA and its main components are shown in Table 2.

2016 2017 % change
Bank deposits 9 668.4 9 036.8 -6.53%
Customer deposits 22 967.3 23 546.2 +2.52%
Total Liabilities 36 053.1 36 460.6 +1.13%
Table 2. Recent changes in total liabilities of The Bank of New York Mellon SA (mln EUR).

Market Share and Rank (among banks in Belgium)

Total Assets (2017)
7th (market share 3.23%)

In 2017 The Bank of New York Mellon SA was ranked the 7th largest bank in Belgium in terms of total assets, having 3.23% of the domestic market share.

Market share of The Bank of New York Mellon SA (among banks in Belgium)

Chart 2. Market share of The Bank of New York Mellon SA (among banks in Belgium)

Several banks having the market shares and ranks closest to The Bank of New York Mellon SA are shown below.

RankNameTotal AssetsMarket Share
6Argenta Spaarbank NV37626.16 mln EUR3.34%
7The Bank of New York Mellon SA36460.64 mln EUR3.23%
8AXA Bank Belgium SA27316.11 mln EUR2.42%
 

Credit Ratings (as of May 2018)

Fitch Moody's
AA- (very high credit quality) Aa1 (high grade)

Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government. The Bank of New York Mellon SA is rated by Fitch and Moody's.

Credit ratings assigned to The Bank of New York Mellon SA as of May 2018 are shown in details in the following sections.

Fitch

Long-term issuer default rating is Fitch's view of a credit institution's relative vulnerability to default on its financial obligations, for The Bank of New York Mellon SA it is set to AA- (very high credit quality), outlook is stable (not likely to change). The rating is not on watch. Short-term issuer default rating for The Bank of New York Mellon SA is set to F1+ (highest short-term credit quality).

Long-Term Issuer Default Rating  AA-
    Outlook  stable
    On Watch  No
Short-Term Issuer Default Rating  F1+
Viability Rating  -
Support Rating  1
Support Rating Floor  -

Viability rating for The Bank of New York Mellon SA is not set support rating is 1 (extremely high probability of external support); support rating floor is not set.

Moody's

Long-term rating for The Bank of New York Mellon SA it is set to Aa1 (high grade). Long-term bank deposit rating is Aa1 (high grade). Baseline credit assessment is a1. Short-term rating is not assigned.

Long-Term Rating  Aa1
Long-Term Bank Deposit Rating  Aa1
Baseline Credit Assessment  a1
Short-Term Rating  -
Outlook  stable

Outlook for the ratings of The Bank of New York Mellon SA is set to stable (not likely to change).

Deposit Guarantee

Deposit Guarantee
Yes (up to 100 000 EUR per depositor)

Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.

All credit institutions operating in Belgium are obliged to participate in Belgian deposit guarantee scheme.

In the case of The Bank of New York Mellon SA failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Eligible Depositors  natural persons, legal entities
Covered Accounts  time deposit, sight and savings accounts
Covered Currencies  EEA currencies
Maximum Protected Amount  100 000 EUR
Paid In Currency  EUR

Further Information

MFI ID

MFI ID (Monetary Financial Institution Identifier) is a code, unique to each institution in the MFI list provided by ECB (European Central Bank). MFI ID is hence applicable to MFIs resident in the European Union.

The code is alphanumerical, with the first two digits representing the two-digit ISO code for the country of residence of the MFI and the remaining number of digits (no limit has been specified) is any combination of alphanumerical characters.

MFI ID of The Bank of New York Mellon SA is shown in the table below.

MFI ID  BE0806743159

European Presence: 14 banks in 9 countries

The Bank of New York Mellon SA operates under the brand name The Bank of New York Mellon. This banking brand has presence in the following European countries and selected dependent territories of the European countries:

Belgium

Cayman Islands

France

Germany

Ireland

Italy

Luxembourg

Netherlands

United Kingdom

Defunct Banks: 4 banks in 4 countries

The following banks operating under The Bank of New York Mellon brand name has been recently closed down:

Cayman Islands

Italy

Luxembourg

United Kingdom