IG Bank S.A.

IG Bank is a member of UK-based IG Group. IG Bank specializes in providing online trading services for a variety of financial instruments.

IG Bank S.A. is the 247th largest bank in Switzerland in terms of total assets. In 2016 its total assets were 46,08 mln CHF, providing the bank with the market share of 0.00%. IG Bank S.A. is the 81st largest foreign-controlled bank in Switzerland (out of 81 banks) having market share of 0.02% amongst the banks of this category.

IG Bank S.A. participates in deposit guarantee scheme of Switzerland. This scheme covers accounts up to 100 000 CHF per bank per depositor.

IG Bank S.A. is headquartered in Genève.

Address
42, rue du Rhône, 1204, Genève, Switzerland
Phone
022 888 10 40
Website
http://www.ig.com/
Bank Category
Foreign-controlled banks
Start Date
2014
Total Assets (2016)
46.08 mln CHF  (+37.96%)
Deposit Guarantee
100 000 CHF
BIC (SWIFT)
IGBKCHGGXXX
Company Number
CHE-141.784.032

Financial Positions

Total Assets (2016)
46.08 mln CHF  (+37.96%)

In 2016 total assets of IG Bank S.A. were 46.08 mln CHF. Growth compared to the previous period (2015) was 37.96%.

Market Position and Market Share (among banks in Switzerland)

Total Assets (2016)
247th (market share 0.00%)

Deposit Guarantee

Deposit Guarantee
Yes (up to 100 000 CHF 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 Switzerland are obliged to participate in Swiss deposit guarantee scheme.

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

Eligible Depositors  private individuals, commercial enterprises and public-sector offices
Covered Accounts  credit balances (e.g. personal accounts, savings accounts, investment accounts, salary accounts, numbered accounts, deposit accounts and current accounts)
Covered Currencies  all
Maximum Protected Amount  100 000 CHF
Paid In Currency  CHF

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 IG Bank S.A. and its components are shown in the table below.

BIC  IGBKCHGGXXX
Bank BIC Code  IGBK
Country Code  CH (Switzerland)
Location Code  GG
Branch Code  XXX

Company Registration Number

Company Registration Number is a distinctive code issued upon registration of a new company. This code can be used to find data about the company in a national company register.

Company Number  CHE-141.784.032