Ubs (monaco) SA

Founded in 1998, UBS is a Swiss-based financial company. UBS is one of the largest universal banks in Switzerland offering comprehensive advice and a broad range of retail, private, corporate banking products and services to individuals, corporate and institutional clients. On the international markets UBS is focused on providing financial solutions to wealthy, institutional and corporate clients.

Business Focus

Wealth Management

Financials

Total Assets (2017)
5 095.89 mln EUR  (+17.73%)
Net Income (2017)
13.67 mln EUR  (+58.12%)

Ubs (monaco) SA is the 3rd largest bank in Monaco in terms of total assets. In 2017 its total assets were 5 095,89 mln EUR, providing the bank with the market share of 11.36%. In 2017 the bank's net income was 13,67 mln EUR.

Ubs (monaco) SA participates in deposit guarantee scheme of France. This scheme covers accounts up to 100 000 EUR per bank per depositor.

Member of Group

 UBS (Switzerland)

Contacts

2 avenue de Grande Bretagne, 98007, MONACO CEDEX, Monaco
BP 189

Bank Identifiers

BIC (SWIFT)
UBSWMCMXXXX
MFI ID
FR11999

Financial Positions

Total Assets (2017)
5 095.89 mln EUR  (+17.73%)

In 2017 total assets of Ubs (monaco) SA were 5 095.89 mln EUR. Growth compared to the previous period (2016) was 17.73%. The evolution of the total assets of Ubs (monaco) SA is shown at Chart 1 below.

Total Assets of Ubs (monaco) SA.

Chart 1. Total Assets of Ubs (monaco) SA.

Recent changes in total assets of Ubs (monaco) SA and its main components are shown in Table 1.

2016 2017 % change
Cash and deposits with Central Banks 591.4 48.8 -91.75%
Loans to banks 1 641.1 2 718.4 +65.64%
Loans to customers 2 058.8 2 280.8 +10.78%
Total Assets 4 328.6 5 095.9 +17.73%
Table 1. Recent changes in total assets of Ubs (monaco) SA (mln EUR).

Recent changes in total liabilities of Ubs (monaco) SA and its main components are shown in Table 2.

2016 2017 % change
Bank deposits 1 315.4 1 479.5 +12.47%
Customer deposits 2 786.0 3 376.7 +21.20%
Total Liabilities 4 328.6 5 095.9 +17.73%
Table 2. Recent changes in total liabilities of Ubs (monaco) SA (mln EUR).

Profit and Loss

Net Income (2017)
13.67 mln EUR  (+58.12%)

Recent changes in gross profit of Ubs (monaco) SA and its main components are shown in Table 3.

2016 2017 % change
Interest Income 33.5 41.1 +22.60%
Interest Charges -4.2 -7.9 +86.48%
Net Interest Income 29.3 33.2 +13.40%
Commission Income 43.9 48.7 +10.96%
Commission Charges -2.5 -3.3 +29.40%
Net Commission Income 41.3 45.4 +9.84%
Table 3. Recent changes in gross profit of Ubs (monaco) SA (mln EUR).

In 2017 net income of Ubs (monaco) SA was 13.67 mln EUR. Growth compared to the previous period (2016) was 58.12%. The evolution of the net income of Ubs (monaco) SA is shown at Chart 2 below.

Net Income of Ubs (monaco) SA.

Chart 2. Net Income of Ubs (monaco) SA.

Market Share and Rank (among banks in Monaco)

Total Assets (2017)
3rd (market share 11.36%)

In 2017 Ubs (monaco) SA was ranked the 3rd largest bank in Monaco in terms of total assets, having 11.36% of the domestic market share.

Market share of Ubs (monaco) SA (among banks in Monaco)

Chart 3. Market share of Ubs (monaco) SA (among banks in Monaco)

Several banks having the market shares and ranks closest to Ubs (monaco) SA are shown below.

RankNameTotal AssetsMarket Share
2 CFM Indosuez Wealth5585.43 mln EUR12.46%
3 Ubs (monaco) SA5095.89 mln EUR11.36%
4 Bank Julius Baer (Monaco) SAM4920.84 mln EUR10.97%
 

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 Ubs (monaco) 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  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

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 Ubs (monaco) SA and its components are shown in the table below.

BIC  UBSWMCMXXXX
Bank BIC Code  UBSW
Country Code  MC (Monaco)
Location Code  MX
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 Ubs (monaco) SA is shown in the table below.

MFI ID  FR11999

European Presence: 16 banks in 11 countries

Ubs (monaco) SA operates under the brand name UBS. This banking brand has presence in the following European countries and selected dependent territories of the European countries:

Cayman Islands

France

Germany

Italy

Jersey

Monaco

  •  (this bank) Ubs (monaco) SA (MONACO CEDEX)

Netherlands

Poland

Sweden

Switzerland

United Kingdom

Defunct Banks: 3 banks in 3 countries

The following banks operating under UBS brand name has been recently closed down:

Italy

Netherlands

Sweden