Bank Julius Baer (Monaco) S.A.M. (formerly ING bank (Monaco) S.A.M.)

Financial Positions

Total Assets (2017)
4,920.84 mln EUR  (-20.00%)

In 2017 total assets of Bank Julius Baer (Monaco) S.A.M. were 4,920.84 mln EUR. Decline compared to the previous period (2016) was -20.00%. The evolution of the total assets of Bank Julius Baer (Monaco) S.A.M. is shown at Chart 1 below.

Total Assets of Bank Julius Baer (Monaco) S.A.M..

Chart 1. Total Assets of Bank Julius Baer (Monaco) S.A.M..

Recent changes in total assets of Bank Julius Baer (Monaco) S.A.M. and its main components are shown in Table 1.

2016 2017 % change
Cash and deposits with Central Banks 436.6 902.2 +106.64%
Loans to banks 3,228.1 924.9 -71.35%
Loans to customers 2,430.6 3,041.9 +25.15%
Total Assets 6,150.8 4,920.8 -20.00%

Table 1. Recent changes in total assets of Bank Julius Baer (Monaco) S.A.M. (mln EUR).

Recent changes in total liabilities of Bank Julius Baer (Monaco) S.A.M. and its main components are shown in Table 2.

2016 2017 % change
Bank deposits 2,186.3 221.8 -89.85%
Customer deposits 3,825.4 4,421.8 +15.59%
Total Liabilities 6,150.8 4,920.8 -20.00%

Table 2. Recent changes in total liabilities of Bank Julius Baer (Monaco) S.A.M. (mln EUR).

Profit and Loss

Net Income (2017)
7.21 mln EUR  (+38.35%)

Recent changes in gross profit of Bank Julius Baer (Monaco) S.A.M. and its main components are shown in Table 3.

2016 2017 % change
Interest Income 33.3 58.2 +75.01%
Interest Charges -5.2 -14.8 +182.53%
Net Interest Income 28.0 43.4 +54.91%
Commission Income 41.5 53.2 +28.34%
Commission Charges -2.4 -3.4 +39.23%
Net Commission Income 39.0 49.8 +27.66%

Table 3. Recent changes in gross profit of Bank Julius Baer (Monaco) S.A.M. (mln EUR).

In 2017 net income of Bank Julius Baer (Monaco) S.A.M. was 7.21 mln EUR. Growth compared to the previous period (2016) was 38.35%. The evolution of the net income of Bank Julius Baer (Monaco) S.A.M. is shown at Chart 2 below.

Net Income of Bank Julius Baer (Monaco) S.A.M..

Chart 2. Net Income of Bank Julius Baer (Monaco) S.A.M..