Banque Internationale de Commerce - BRED (Suisse) SA

Banque Internationale de Commerce - BRED (BIC BRED) provides corporate banking products and services, including trade finance, cash management, lines of credit.

Bank Category

Foreign-controlled banks

Financials

Total Assets (2017)
596.20 mln CHF  (+27.42%)
Number of Employees (2016)
30  (+3.79%)

Banque Internationale de Commerce - BRED (Suisse) SA is the 158th largest bank in Switzerland in terms of total assets. In 2017 its total assets were 596,20 mln CHF, providing the bank with the market share of 0.02%. Banque Internationale de Commerce - BRED (Suisse) SA is the 47th largest foreign-controlled bank in Switzerland (out of 76 foreign-controlled banks) having market share of 0.26% amongst the banks of this category. Banque Internationale de Commerce - BRED (Suisse) SA had 30 employees in 2016.

Banque Internationale de Commerce - BRED (Suisse) SA participates in deposit guarantee scheme of Switzerland. This scheme covers accounts up to 100 000 CHF per bank per depositor.

Member of Group

 BPCE (France)

Contacts

Genève, Switzerland

Banque Internationale de Commerce - BRED (Suisse) SA is headquartered in Genève.

Bank Identifiers

Company Number
CHE-453.272.757
Founded
2015

Financial Positions

Total Assets (2017)
596.20 mln CHF  (+27.42%)
Assets Under Management (2016)
0.00 CHF

In 2017 total assets of Banque Internationale de Commerce - BRED (Suisse) SA were 596.20 mln CHF. Growth compared to the previous period (2016) was 27.42%. The evolution of the total assets of Banque Internationale de Commerce - BRED (Suisse) SA is shown at Chart 1 below.

Total Assets of Banque Internationale de Commerce - BRED (Suisse) SA.

Chart 1. Total Assets of Banque Internationale de Commerce - BRED (Suisse) SA.

In 2016 assets under management of Banque Internationale de Commerce - BRED (Suisse) SA were 0.00 CHF. The value didn't change compared to the previous period (2015).

Profit and Loss

Gross Profit (2016)
-12 200 000.00 CHF
Operating Income (2016)
-22 400 000.00 CHF  (+1 020.00%)
Annual Profit (2016)
-12 900 000.00 CHF  (+290.91%)

In 2016 gross profit of Banque Internationale de Commerce - BRED (Suisse) SA was -12 200 000.00 CHF. Decline compared to the previous period (2015) was -535.71%.

Recent changes in gross profit of Banque Internationale de Commerce - BRED (Suisse) SA and its main components are shown in Table 1.

2015 2016 % change
Net Interest Income 2.0 -15.0
Net Commission Income 0.8 2.7 +237.50%
Net Income from Trading Operations 0.0 0.0
Gross Profit 2.8 -12.2
Table 1. Recent changes in gross profit of Banque Internationale de Commerce - BRED (Suisse) SA (mln CHF).

In 2016 annual profit of Banque Internationale de Commerce - BRED (Suisse) SA was -12 900 000.00 CHF. Growth compared to the previous period (2015) was 290.91%.

Number of Employees

Number of Employees (2016)
30  (+3.79%)

In 2016 there were 30 employees of Banque Internationale de Commerce - BRED (Suisse) SA. Growth compared to the previous period (2015) was 3.79%.

Market Share and Rank (among banks in Switzerland)

Total Assets (2017)
158th (market share 0.02%)

In 2017 Banque Internationale de Commerce - BRED (Suisse) SA was ranked the 158th largest bank in Switzerland in terms of total assets, having 0.02% of the domestic market share.

Market share of Banque Internationale de Commerce - BRED (Suisse) SA (among banks in Switzerland)

Chart 2. Market share of Banque Internationale de Commerce - BRED (Suisse) SA (among banks in Switzerland)

Several banks having the market shares and ranks closest to Banque Internationale de Commerce - BRED (Suisse) SA are shown below.

RankNameTotal AssetsMarket Share
157 Spar- und Leihkasse Bucheggberg AG597.15 mln CHF0.02%
158 Banque Internationale de Commerce - BRED (Suisse) SA (new)596.20 mln CHF0.02%
159 Bank Sparhafen Zürich AG580.04 mln CHF0.02%
 

Market Share and Rank (among Foreign-controlled banks in Switzerland)

Total Assets (2017)
47th (market share 0.26%)

In 2017 Banque Internationale de Commerce - BRED (Suisse) SA was ranked the 47th largest foreign-controlled bank in Switzerland in terms of total assets, having 0.26% of the category's market share.

Market share of Banque Internationale de Commerce - BRED (Suisse) SA (among Foreign-controlled banks in Switzerland)

Chart 3. Market share of Banque Internationale de Commerce - BRED (Suisse) SA (among Foreign-controlled banks in Switzerland)

Several foreign-controlled banks having the market shares and ranks closest to Banque Internationale de Commerce - BRED (Suisse) SA are shown below.

RankNameTotal AssetsMarket Share
46 SAXO BANK (SCHWEIZ) AG599.47 mln CHF0.26%
47 Banque Internationale de Commerce - BRED (Suisse) SA (new)596.20 mln CHF0.26%
48 BANQUE PRIVEE BCP (SUISSE) SA579.65 mln CHF0.25%
 

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 Banque Internationale de Commerce - BRED (Suisse) SA 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

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-453.272.757

European Presence: 2 banks in 2 countries

Banque Internationale de Commerce - BRED (Suisse) SA operates under the brand name BIC BRED. This banking brand has presence in the following European countries and selected dependent territories of the European countries:

France

Switzerland

  •  (this bank) Banque Internationale de Commerce - BRED (Suisse) SA (Genève)

Defunct Banks: 1 bank in 1 country

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

Switzerland