Bank of America Europe DAC, Sucursal en España (Spain)

Address

Cl Marqués de Villamagna, 3, 28020, Madrid, Spain

BIC

BOFAES2X

Overview

Business Focus

investment banking

Bank of America is an American financial services and banking corporation. Bank of America provides a broad spectrum of services, including retail and private banking, asset management, corporate banking, investment banking and insurance.

Bank of America Europe DAC, Sucursal en España operates as a branch of Bank of America Europe DAC (Ireland).

Performance

In 2023, Bank of America Europe DAC, Sucursal en España achieved the position of 55th largest bank in Spain with a market share of 0.05%; its total assets dropped by 5.25%.

Deposit Protection

Deposits up to 100,000 EUR are covered by Irish deposit guarantee scheme in Bank of America Europe DAC, Sucursal en España.

Market Share (#55 in Spain)

Market Share of Bank of America Europe DAC, Sucursal en España

Ratios

L/D

128.65%

International Transfers

SWIFT Transfers

SEPA Credit Transfers

SEPA Instant Transfers

SEPA Direct Debits

SEPA Direct Debits B2B

Financials

Total Assets of Bank of America Europe DAC, Sucursal en España

Net_income of Bank of America Europe DAC, Sucursal en España

Total Assets (2023)

886.56 mln EUR (-5.25%)

Net Income (2014)

23.25 mln EUR (+16.29%)

Number of Employees (2017)

62 (+195.24%)

Bank of America Europe DAC, Sucursal en España is the 55th largest bank in Spain in terms of total assets. In 2023 its total assets were 886,56 mln EUR, providing the bank with the market share of 0.05%. In 2014 the bank's net income was 23,25 mln EUR. Bank of America Europe DAC, Sucursal en España had 62 employees in 2017.

Deposit Guarantee

Guarantee Fund

Irish Deposit Guarantee Scheme (DGS)

Protected Amount

up to 100,000 EUR

Eligible Depositors

natural persons
small companies

Covered Accounts

any credit balance on an account with a bank

Bank of America Europe DAC, Sucursal en España participates in the deposit guarantee scheme of Ireland which applies to any credit balance on an account with a bank made by natural persons, small companies and covers up to up to 100,000 EUR per bank per depositor. Bank of America Europe DAC, Sucursal en España is a member of Irish Deposit Guarantee Scheme (DGS) and makes its contributions into it.