BFC Bank Ltd

BFC Bank offers low-cost basic corporate banking products with a strong emphasis on international transactions and multi-currency cash management, as well as UK domestic payments.

Financials

Total Assets (2017)
40.91 mln GBP  (+25.34%)
Annual Profit (2017)
-6 099 000.00 GBP  (-7.14%)

BFC Bank Ltd is the 191st largest bank in the United Kingdom in terms of total assets. In 2017 its total assets were 40,91 mln GBP, providing the bank with the market share of 0.00%. In 2017 the bank's annual profit was -6,10 mln GBP.

BFC Bank Ltd participates in deposit guarantee scheme of the United Kingdom. This scheme covers accounts up to 85 000 GBP per bank per depositor.

Contacts

9th Floor, South Quay Plaza,189 Marsh Wall, London, United Kingdom
44 2081813701
44 2072474740

BFC Bank Ltd is headquartered in London.

Bank Identifiers

MFI ID
GB3110
Company Number
04797759
Start Date
November 2016

Financial Positions

Total Assets (2017)
40.91 mln GBP  (+25.34%)

In 2017 total assets of BFC Bank Ltd were 40.91 mln GBP. Growth compared to the previous period (2016) was 25.34%. The evolution of the total assets of BFC Bank Ltd is shown at Chart 1 below.

Total Assets of BFC Bank Ltd.

Chart 1. Total Assets of BFC Bank Ltd.

Profit and Loss

Annual Profit (2017)
-6 099 000.00 GBP  (-7.14%)

In 2017 annual profit of BFC Bank Ltd was -6 099 000.00 GBP. Decline compared to the previous period (2016) was -7.14%. The evolution of the annual profit of BFC Bank Ltd is shown at Chart 2 below.

Annual Profit of BFC Bank Ltd.

Chart 2. Annual Profit of BFC Bank Ltd.

Market Share and Rank (among banks in the United Kingdom)

Total Assets (2017)
191st (market share 0.00%)

In 2017 BFC Bank Ltd was ranked the 191st largest bank in the United Kingdom in terms of total assets, having 0.00% of the domestic market share.

Market share of BFC Bank Ltd (among banks in the United Kingdom)

Chart 3. Market share of BFC Bank Ltd (among banks in the United Kingdom)

Several banks having the market shares and ranks closest to BFC Bank Ltd are shown below.

RankNameTotal AssetsMarket Share
190 Alliance Trust Savings Ltd51.17 mln GBP0.00%
191 BFC Bank Ltd (new)40.91 mln GBP0.00%
192 Butterfield Bank (UK) Limited37.85 mln GBP0.00%
 

Deposit Guarantee

Deposit Guarantee
Yes (up to 85 000 GBP 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 the United Kingdom are obliged to participate in the United Kingdom's deposit guarantee scheme.

In the case of BFC Bank Ltd failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Eligible Depositors  private individuals, small companies
Covered Currencies  all
Maximum Protected Amount  85 000 GBP
Paid In Currency  GBP

Further Information

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 BFC Bank Ltd is shown in the table below.

MFI ID  GB3110

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  04797759

Banking Products in the United Kingdom