Founded in 1816, Banque Cantonale de Genève is a universal bank,providing retail and business 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)
In 2023, Banque Cantonale de Genève achieved the position of 20th largest bank in Switzerland with a market share of 1.09%; its total assets grew by 0.78%.
Deposits up to 100,000 CHF are covered by Swiss deposit guarantee scheme in Banque Cantonale de Genève.
Becoming a client of Banque Cantonale de Genève can be done in a few steps:
Banque Cantonale de Genève performs client's identity verification via branch visit.
Banque Cantonale de Genève ranks as the 20th largest bank in Switzerland by total assets. In 2023 its total assets were 30,269.57 mln CHF, representing a 1.09% market share. It is also the 11th largest cantonal bank in Switzerland, commanding a 3.88% share among cantonal banks. In 2023 the bank's annual profit was 281.72 mln CHF. As of 2015, the bank employed 718 people.
Banque Cantonale de Genève protects deposits up to up to 100,000 CHF per depositor through Switzerland's deposit guarantee scheme. The scheme applies to credit balances made by private individuals (Swiss and foreign), legal entities (Swiss and foreign). The bank participates in the esisuisse – Deposit Insurance (ESI), making regular contributions into it.
Banque Cantonale de Genève is headquartered in Genève.
Banque Cantonale de Genève is authorized and supervised by the Swiss Financial Market Supervisory Authority (reference number CHE‑105.981.074).
Banque Cantonale de Genève is focused on universal banking for natural persons and legal entities residing in the canton. Banque Cantonale de Genève provides products and services in the areas of retail banking, private banking, business banking. Banque Cantonale de Genève offers a range of products including current accounts, debit cards, credit cards, savings accounts, time deposit accounts, pension plans, consumer loans, mortgage loans, investment funds, leasing, trade finance.
Opening an account with Banque Cantonale de Genève can be done by performing the following steps: submit online application, visit bank branch.
Banque Cantonale de Genève performs identity verification using branch visit.
Products and services offered by Banque Cantonale de Genève are available at its branches and via its online banking system, mobile application.
In 2023 total assets of Banque Cantonale de Genève were 30,269.57 mln CHF. Growth compared to the previous period (2022) was 0.78%. The evolution of the total assets of Banque Cantonale de Genève is shown at Chart 1 below.
Chart 1. Total Assets of Banque Cantonale de Genève.
Recent changes in total assets of Banque Cantonale de Genève and its main components are shown in Table 1.
2022 | 2023 | change (%) | |
---|---|---|---|
Cash and deposits with Central Banks | 6,715.7 | 6,710.0 | -0.08% |
Claims to banks | 1,162.8 | 700.4 | -39.76% |
Claims to customers | 5,478.9 | 5,619.3 | +2.56% |
Mortgages | 13,045.7 | 13,582.3 | +4.11% |
Total Assets | 30,034.4 | 30,269.6 | +0.78% |
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.
2022 | 2023 | change (%) | |
---|---|---|---|
Amount owed to banks | 3,125.8 | 2,084.2 | -33.32% |
Amount owed to customers | 19,446.8 | 20,449.3 | +5.15% |
Total Liabilities | 30,034.4 | 30,269.6 | +0.78% |
Table 2. Recent changes in total liabilities of Banque Cantonale de Genève (mln CHF).
Recent changes in gross profit of Banque Cantonale de Genève and its main components are shown in Table 3.
2022 | 2023 | change (%) | |
---|---|---|---|
Net Interest Income | 286.0 | 390.3 | +36.45% |
Net Commission Income | 132.7 | 133.1 | +0.23% |
Net Income from Trading Operations | 37.8 | 37.9 | +0.31% |
Table 3. Recent changes in gross profit of Banque Cantonale de Genève (mln CHF).
In 2023 annual profit of Banque Cantonale de Genève was 281.72 mln CHF. Growth compared to the previous period (2022) was 60.11%. The evolution of the annual profit of Banque Cantonale de Genève is shown at Chart 2 below.
Chart 2. Annual Profit of Banque Cantonale de Genève.
In 2015 there were 718 employees of Banque Cantonale de Genève. Growth compared to the previous period (2014) was 1.13%.
In 2015 Banque Cantonale de Genève had 29 branches in Switzerland. The value didn't change compared to the previous period (2014).
Discover key identifiers of Banque Cantonale de Genève including its BIC, LEI, company number.
BIC: BCGECHGGXXX
The BIC (also known as SWIFT code) for Banque Cantonale de Genève is BCGECHGGXXX. It is used in financial transactions like cross-border and SEPA payments, and helps identify the bank in global banking systems.
Key | Value |
---|---|
BIC | BCGECHGGXXX |
Bank BIC Code | BCGE |
Country Code | CH (Switzerland) |
Location Code | GG |
Branch Code | XXX |
LEI: 549300ZEFUWWFTP7BA50
Banque Cantonale de Genève’s LEI is 549300ZEFUWWFTP7BA50. This code is critical for verifying the institutions’s legal identity in financial markets and is used for regulatory reporting and risk management.
Key | Value |
---|---|
LEI | 549300ZEFUWWFTP7BA50 |
LOU Identifier | 5493 |
Reserved | 00 |
Entity Identifier | ZEFUWWFTP7BA |
Verification ID | 50 |
Company Registration Number: CHE-105.981.074
Banque Cantonale de Genève is registered in Switzerland under company number CHE-105.981.074. In Switzerland, Company Registration Number (UID) is assigned automatically when registering a company. The UID is a unique and unchangeable identifier which simplifies communication between enterprises and authorities. UIDs are made up of the country code ‘CHE’ and nine digits.
Key | Value |
---|---|
Company Number | CHE-105.981.074 |
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