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.
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.
The Bank of New York Mellon SA is headquartered in Bruxelles.
|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.
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.
|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.
|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).|
|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.
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-|
|Short-Term Issuer Default Rating||F1+|
|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.
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 Bank Deposit Rating||Aa1|
|Baseline Credit Assessment||a1|
Outlook for the ratings of The Bank of New York Mellon SA is set to stable (not likely to change).
|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|
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.
Company Registration Number is a distinctive code issued upon registration of a new company. This code can be used to find data about the company in a national company register.
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:
The following banks operating under The Bank of New York Mellon brand name has been recently closed down: