Founded in 1816, Banque Cantonale de Genève is a universal bank, providing retail and corporate banking products mainly to the canton residents (natural persons and legal entities). Traditionally for cantonal banks, Banque Cantonale de Genève is especially strong in savings and mortgage products. Till the end of 2016, Banque Cantonale de Genève has limited state guarantee of its liabilities (max. CHF 500,000 for savings, and max. CHF 1,500,000 for pension accounts)
Banque Cantonale de Genève is the 26th largest bank in Switzerland in terms of total assets. In 2016 its total assets were 21 321,54 mln CHF, providing the bank with the market share of 0.69%. Banque Cantonale de Genève is the 12th largest cantonal bank in Switzerland (out of 24 banks) having market share of 3.85% amongst the banks of this category.
Banque Cantonale de Genève is headquartered in Genève.
|universal banking for natural persons and legal entities residing in the canton|
|mainly the canton|
|Total Assets (2016)|
|21 321.54 mln CHF (+6.93%)|
In 2016 total assets of Banque Cantonale de Genève were 21 321.54 mln CHF. Growth compared to the previous period (2015) was 6.93%. The evolution of the total assets of Banque Cantonale de Genève is shown at Chart 1 below.
Recent changes in total assets of Banque Cantonale de Genève and its main components are shown in Table 1.
|Cash and deposits with Central Banks||3 417.2||3 359.7||-1.68%|
|Claims to banks||349.5||648.2||+85.49%|
|Claims to customers||3 745.1||4 606.6||+23.00%|
|Mortgages||9 966.1||10 366.5||+4.02%|
|Total Assets||19 939.1||21 321.5||+6.93%|
|Table 1. Recent changes in total assets of Banque Cantonale de Genève (mln CHF).|
Recent changes in total liabilities of Banque Cantonale de Genève and its main components are shown in Table 2.
|Amount owed to banks||1 907.1||2 349.2||+23.18%|
|Amount owed to customers||12 732.3||13 233.4||+3.94%|
|Total Liabilities||19 939.1||21 321.5||+6.93%|
|Table 2. Recent changes in total liabilities of Banque Cantonale de Genève (mln CHF).|
|Annual Profit (2016)|
|79.01 mln CHF (+1.02%)|
Recent changes in gross profit of Banque Cantonale de Genève and its main components are shown in Table 3.
|Net Interest Income||198.8||206.0||+3.59%|
|Net Commission Income||100.8||99.9||-0.85%|
|Net Income from Trading Operations||28.0||26.4||-5.91%|
|Table 3. Recent changes in gross profit of Banque Cantonale de Genève (mln CHF).|
In 2016 annual profit of Banque Cantonale de Genève was 79.01 mln CHF. Growth compared to the previous period (2015) was 1.02%. The evolution of the annual profit of Banque Cantonale de Genève is shown at Chart 2 below.
|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 Cantonale de Genève 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)|
|Maximum Protected Amount||100 000 CHF|
|Paid In Currency||CHF|
Any bank can be identified for different purposes and hence can have several different identifiers.
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 Banque Cantonale de Genève and its components are shown in the table below.
|Bank BIC Code||BCGE|
|Country Code||CH (Switzerland)|
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.