Founded in 1998, UBS is a Swiss-based financial company. UBS is one of the largest universal banks in Switzerland offering comprehensive advice and a broad range of retail, private, corporate banking products and services to individuals, corporate and institutional clients. On the international markets UBS is focused on providing financial solutions to wealthy, institutional and corporate clients.
|Address||Bahnhofstrasse 45, 8098, Zürich, Basel, Switzerland|
|Phone||044 234 11 11|
|Fax||044 238 44 70|
|Head of Group||UBS (Switzerland)|
|Bank Category||Big banks|
|Total Assets (2015)||477.04 bln CHF (-38.67%)|
|Market Position and Market Share (among banks in Switzerland)|
|Total Assets (2015)||2nd (market share 15.80%)|
|Credit Ratings (as of Apr 2016)|
|Fitch||A (high credit quality)|
|Moody's||Aa3 (high grade)|
|S&P's||A (strong capacity to meet its financial commitments)|
|Deposit Guarantee||Yes (up to 100 000 CHF per depositor)|
|European Presence||17 banks in 11 countries|
In 2015 total assets of UBS AG were 477.04 bln CHF. Decline compared to the previous period (2014) was -38.67%. The evolution of the total assets of UBS AG is shown at Chart 1 below.
Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government.Of the 'Big Three' rating agencies, UBS AG is rated by Fitch and Standard & Poor's.
Credit ratings assigned to UBS AG as of April 2016 are shown in details in the following sections.
Long-term issuer default rating is Fitch's view of a credit institution's relative vulnerability to default on its financial obligations, for UBS AG it is set to A (high credit quality), outlook is positive (may be raised). The rating is not on watch. Short-term issuer default rating for UBS AG is set to F1 (highest short-term credit quality).
|Long-Term Issuer Default Rating||A|
|Short-Term Issuer Default Rating||F1|
|Support Rating Floor||NF|
Viability rating for UBS AG is set to a (high fundamental credit quality); support rating is 5 (there is a possibility of external support, but it cannot be relied upon); support rating floor is NF (no floor; no reasonable presumption of potential support being forthcoming).
Long-term rating for UBS AG it is set to Aa3 (high grade). Long-term bank deposit rating is Aa3 (high grade). Bank financial strength rating is baa1. Short-term rating is not assigned.
|Long-Term Bank Deposit Rating||Aa3|
|Bank Financial Strength Rating||baa1|
Outlook for the ratings of UBS AG is set to stable (not likely to change).
Long-term foreign currency rating for UBS AG is set to A (strong capacity to meet its financial commitments). Long-term local currency rating is set to A (strong capacity to meet its financial commitments).
|Long-Term Foreign Currency Rating||A|
|Long-Term Local Currency Rating||A|
|Short-Term Foreign Currency Rating||A-1|
|Short-Term Local Currency Rating||A-1|
Short-term foreign currency rating for UBS AG is set to A-1 (strong capacity to meet its financial commitments). Short-term local currency rating is set to A-1 (strong capacity to meet its financial commitments).
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 UBS 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)|
|Maximum Protected Amount||100 000 CHF|
|Paid In Currency||CHF|
Further Information: Deposit Guarantee Scheme in Switzerland
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 UBS AG and its components are shown in the table below.
|Bank BIC Code||UBSW|
|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.