Clearstream Banking S.A.

Clearstream Banking provides post-trade infrastructure and securities services. The company also manages, safe keeps, and administers the securities that it holds on behalf of its customers. Clearstream Banking S.A. operates as a subsidiary of Clearstream Banking AG (Germany).

Financials

Total Assets (2017)
14 200.00 mln EUR  (-3.30%)
Annual Profit (2017)
194.00 mln EUR  (+12.79%)
Number of Employees (2017)
451  (-1.31%)

In 2017 total assets of Clearstream Banking S.A. were 14 200,00 mln EUR. In 2017 the bank's annual profit was 194,00 mln EUR. Clearstream Banking S.A. had 451 employees in 2017.

Clearstream Banking S.A. is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is AA (very high credit quality).

Clearstream Banking S.A. participates in deposit guarantee scheme of Luxembourg. This scheme covers accounts up to 100 000 EUR per bank per depositor.

Contacts

42, Avenue J.F. Kennedy, 1855, LUXEMBOURG, Luxembourg
+352 243 0
+352 243 636514

Clearstream Banking S.A. is headquartered in LUXEMBOURG.

Bank Identifiers

BIC (SWIFT)
CEDELULL
MFI ID
LUB00289
Start Date
September 1970

Financial Positions

Total Assets (2017)
14 200.00 mln EUR  (-3.30%)

In 2017 total assets of Clearstream Banking S.A. were 14 200.00 mln EUR. Decline compared to the previous period (2016) was -3.30%. The evolution of the total assets of Clearstream Banking S.A. is shown at Chart 1 below.

Total Assets of Clearstream Banking S.A..

Chart 1. Total Assets of Clearstream Banking S.A..

Profit and Loss

Annual Profit (2017)
194.00 mln EUR  (+12.79%)

Recent changes in gross profit of Clearstream Banking S.A. and its main components are shown in Table 1.

2016 2017 % change
Net Interest Income 61.0 103.0 +68.85%
Net Commission Income 436.0 467.0 +7.11%
Table 1. Recent changes in gross profit of Clearstream Banking S.A. (mln EUR).

In 2017 annual profit of Clearstream Banking S.A. was 194.00 mln EUR. Growth compared to the previous period (2016) was 12.79%. The evolution of the annual profit of Clearstream Banking S.A. is shown at Chart 2 below.

Annual Profit of Clearstream Banking S.A..

Chart 2. Annual Profit of Clearstream Banking S.A..

Number of Employees

Number of Employees (2017)
451  (-1.31%)

In 2017 there were 451 employees of Clearstream Banking S.A.. Decline compared to the previous period (2016) was -1.31%. The evolution of the number of employees of Clearstream Banking S.A. is shown at Chart 3 below.

Number of Employees of Clearstream Banking S.A..

Chart 3. Number of Employees of Clearstream Banking S.A..

Credit Ratings (as of May 2018)

Fitch Moody's
AA (very high credit quality) - (not rated)

Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government. Clearstream Banking S.A. is rated by Fitch.

Credit ratings assigned to Clearstream Banking S.A. as of May 2018 are shown in details in the following sections.

Fitch

Long-term issuer default rating is Fitch's view of a credit institution's relative vulnerability to default on its financial obligations, for Clearstream Banking S.A. 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 Clearstream Banking S.A. is set to F1+ (highest short-term credit quality).

Long-Term Issuer Default Rating  AA
    Outlook  stable
    On Watch  No
Short-Term Issuer Default Rating  F1+
Viability Rating  aa
Support Rating  1
Support Rating Floor  WD

Viability rating for Clearstream Banking S.A. is set to aa (very high fundamental credit quality); support rating is 1 (extremely high probability of external support); support rating floor is WD (withdrawn).

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.

All credit institutions operating in Luxembourg are obliged to participate in Luxembourg deposit guarantee scheme.

In the case of Clearstream Banking S.A. failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Eligible Depositors  natural persons, small businesses with headquarters in EU
Covered Accounts  all cash deposits
Covered Currencies  all
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 Clearstream Banking S.A. and its components are shown in the table below.

BIC  CEDELULL
Bank BIC Code  CEDE
Country Code  LU (Luxembourg)
Location Code  LL
Branch Code  -

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 Clearstream Banking S.A. is shown in the table below.

MFI ID  LUB00289

European Presence: 3 banks in 3 countries

Clearstream Banking S.A. operates under the brand name Clearstream Banking. This banking brand has presence in the following European countries and selected dependent territories of the European countries:

Germany

Luxembourg

  •  (this bank) Clearstream Banking S.A. (LUXEMBOURG)

United Kingdom

Defunct Banks: 1 bank in 1 country

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

Ireland