Banque Cantonale de Genève

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)

Bank Category

Cantonal banks

Services

Retail Banking
Corporate Banking

Financials

Total Assets (2016)
21 321.54 mln CHF  (+6.93%)
Number of Employees (2015)
718  (+1.13%)

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 cantonal banks) having market share of 3.85% amongst the banks of this category. Banque Cantonale de Genève had 718 employees in 2015.

Contacts

Quai de l‘lle 17, 1211, Genève, Switzerland
2251
022 317 27 27
022 809 23 45

Banque Cantonale de Genève is headquartered in Genève.

Bank Identifiers

BIC (SWIFT)
BCGECHGGXXX
Company Number
CHE-105.981.074
Founded
1816

Business Summary

Business Focus
universal banking for natural persons and legal entities residing in the canton
Services
retail banking
corporate banking
Products
savings products
mortgage loans
Area Served
mainly the canton

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, corporate banking. The range of products offered by Banque Cantonale de Genève includes savings products, mortgage loans.

Financial Positions

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.

Total Assets of Banque Cantonale de Genève.

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.

2015 2016 % change
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.

2015 2016 % change
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).

Profit and Loss

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.

2015 2016 % change
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.

Annual Profit of Banque Cantonale de Genève.

Chart 2. Annual Profit of Banque Cantonale de Genève.

Number of Employees

Number of Employees (2015)
718  (+1.13%)

In 2015 there were 718 employees of Banque Cantonale de Genève. Growth compared to the previous period (2014) was 1.13%.

Market Share and Rank (among banks in Switzerland)

Total Assets (2016)
26th (market share 0.69%)

In 2016 Banque Cantonale de Genève was ranked the 26th largest bank in Switzerland in terms of total assets, having 0.69% of the domestic market share.

Market share of Banque Cantonale de Genève (among banks in Switzerland)

Chart 3. Market share of Banque Cantonale de Genève (among banks in Switzerland)

Several banks having the market shares and ranks closest to Banque Cantonale de Genève are shown below.

RankNameTotal AssetsMarket Share
25 Banque Cantonale de Fribourg21560.83 mln CHF0.70%
26 Banque Cantonale de Genève21321.54 mln CHF0.69%
27 Barclays Capital, Zurich Branch of Barclays Bank PLC, London20133.58 mln CHF0.65%
 

Market Share and Rank (among Cantonal banks in Switzerland)

Total Assets (2016)
12th (market share 3.85%)

In 2016 Banque Cantonale de Genève was ranked the 12th largest cantonal bank in Switzerland in terms of total assets, having 3.85% of the category's market share.

Market share of Banque Cantonale de Genève (among Cantonal banks in Switzerland)

Chart 4. Market share of Banque Cantonale de Genève (among Cantonal banks in Switzerland)

Several cantonal banks having the market shares and ranks closest to Banque Cantonale de Genève are shown below.

RankNameTotal AssetsMarket Share
11 Banque Cantonale de Fribourg21560.83 mln CHF3.90%
12 Banque Cantonale de Genève21321.54 mln CHF3.85%
13 Schwyzer Kantonalbank16668.80 mln CHF3.01%
 

Deposit Guarantee

Deposit Guarantee
Yes (up to 100 000 CHF per depositor)
State Guarantee
limited

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)
Covered Currencies  all
Maximum Protected Amount  100 000 CHF
Paid In Currency  CHF
State Guarantee  limited

Further Information

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 Banque Cantonale de Genève and its components are shown in the table below.

BIC  BCGECHGGXXX
Bank BIC Code  BCGE
Country Code  CH (Switzerland)
Location Code  GG
Branch Code  XXX

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-105.981.074

Domestic Presence

Branches (2015)
29 

In 2015 Banque Cantonale de Genève had 29 branches in Switzerland. The value didn't change compared to the previous period (2014).

European Presence: 2 banks in 2 countries

Banque Cantonale de Genève operates under the brand name Banque Cantonale de Geneve. This banking brand has presence in the following European countries and selected dependent territories of the European countries:

France

Switzerland

  •  (this bank) Banque Cantonale de Genève (Genève)