Banque pasche monaco sam

Banque Pasche Monaco SAM was acquired by Banque Havilland S.A., an independent private bank, The acquisition strengthens the position of Banque Havilland in Monaco and in private banking.

Business Focus
Private Banking

Banque pasche monaco sam was the 23rd largest bank in Monaco in terms of total assets. In 2013 its total assets were 4,47 mln EUR, providing the bank with the market share of 0.01%.

Rank in Monaco
23rd largest bank

Total Assets (2013)
4.47 mln EUR

Banque pasche monaco sam participates in deposit guarantee scheme of France. This scheme covers accounts up to 100 000 EUR per bank per depositor.

Address
7 boulevard des moulins Monte Carlo Palace, 98000, Monte carlo (monaco), Monaco
BIC (SWIFT)
BPGEMCMCXXX
MFI ID
FR16840
Close Date
31 October 2014

Financial Positions

Total Assets (2013)
4.47 mln EUR

In 2013 total assets of Banque pasche monaco sam were 4.47 mln EUR.

Market Position and Market Share (among banks in Monaco)

Total Assets (2013)
23rd (market share 0.01%)

In 2013 Banque pasche monaco sam was the 23rd largest bank in Monaco in terms of total assets, having 0.01% of market share.

Market share of Banque pasche monaco sam

Chart 1. Market share of Banque pasche monaco sam

Several banks with market shares closest to Banque pasche monaco sam are shown below.

RankNameTotal AssetsMarket Share
18 Martin Maurel Sella Banque Privée - Monaco S.a.m.177.91 mln EUR0.51%
19 BANQUE HAVILLAND (MONACO) S.A.M.77.07 mln EUR0.31%
20 Crédit mobilier de Monaco15.74 mln EUR0.03%
23 Banque pasche monaco sam (closed)4.47 mln EUR0.01%
 

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.

Credit institutions operating in Monaco participate in French deposit guarantee scheme on the same terms as French credit institutions.

In the case of Banque pasche monaco sam failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Eligible Depositors  natural persons, legal entities
Covered Accounts  all deposit accounts (current accounts, demand accounts, passbook accounts, term accounts, home savings accounts, home savings schemes, etc.)
Covered Currencies  EEA currencies
Maximum Protected Amount  100 000 EUR
Paid In Currency  EUR

Further Information

Bank Identifiers

Any bank can be identified for different purposes and hence can have several different identifiers.

BIC

BIC (Business Identifier Code, also known as SWIFT code or SWIFT BIC) is a the mostly used international identifier of financial institutions. SWIFT is the registration authority for BICs. BICs are used in financial transactions, client and counterparty data bases, compliance documents and many others.

A BIC consists of eight or eleven characters, comprising a financial institution code (four characters), a country code (two characters), a location code (two characters) and, optionally, a branch code (three characters).

BIC of Banque pasche monaco sam and its components are shown in the table below.

BIC  BPGEMCMCXXX
Bank BIC Code  BPGE
Country Code  MC (Monaco)
Location Code  MC
Branch Code  XXX

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 Banque pasche monaco sam is shown in the table below.

MFI ID  FR16840