SIX SIS AG

SIX operates Switzerland’s financial market and offers comprehensive services in the areas of securities trading, clearing and settlement, as well as financial information and payment transactions. The company is owned by its customers: approximately 140 banks of various size and business activities.

Bank Category
Institutions with a special field of business

SIX SIS AG is the 49th largest bank in Switzerland in terms of total assets. In 2014 its total assets were 6 471,55 mln CHF, providing the bank with the market share of 0.17%.

Rank in Switzerland
49th largest bank

Total Assets (2014)
6 471.55 mln CHF  (+32.99%)

SIX SIS AG participates in deposit guarantee scheme of Switzerland. This scheme covers accounts up to 100 000 CHF per bank per depositor.

SIX SIS AG is headquartered in Zürich.

Address
Brandschenkestrasse 47, 8021, Zürich, Switzerland
P.O. Box
1758
Phone
044 288 44 02
Fax
044 288 44 04
BIC (SWIFT)
INSECHZZXXX
Founded
1988

Financial Positions

Total Assets (2014)
6 471.55 mln CHF  (+32.99%)

In 2014 total assets of SIX SIS AG were 6 471.55 mln CHF. Growth compared to the previous period (2013) was 32.99%. The evolution of the total assets of SIX SIS AG is shown at Chart 1 below.

Total Assets of SIX SIS AG. Chart 1. Total Assets of SIX SIS AG.

Market Position and Market Share (among banks in Switzerland)

Total Assets (2014)
49th (market share 0.17%)

In 2014 SIX SIS AG was the 49th largest bank in Switzerland in terms of total assets, having 0.17% of market share.

Market share of SIX SIS AG Chart 2. Market share of SIX SIS AG

Several banks with market shares closest to SIX SIS AG are shown below.

RankNameTotal AssetsMarket Share
48 BANK MORGAN STANLEY AG (closed)6714.60 mln CHF0.18%
49 SIX SIS AG6471.55 mln CHF0.17%
51 Schaffhauser Kantonalbank6179.35 mln CHF0.23%
 

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 SIX SIS AG 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 SIX SIS AG and its components are shown in the table below.

BIC  INSECHZZXXX
Bank BIC Code  INSE
Country Code  CH (Switzerland)
Location Code  ZZ
Branch Code  XXX

European Presence: 3 banks in 2 countries

This bank operates in the following European countries and selected dependent territories of the European countries:

Austria

Switzerland