Established in 1997 Valiant Bank AG is a savings bank, focused on providing retail banking products and services (mortgages and corporate loans, customer savings and deposits) to local residents.
In 2017 total assets of Valiant Bank AG were 26 435,97 mln CHF.
Valiant Bank AG is rated by Moody's. Long-term credit rating assigned to the bank by Moody's is A1 (upper medium grade).
Valiant Bank AG participates in deposit guarantee scheme of Switzerland. This scheme covers accounts up to 100 000 CHF per bank per depositor.
Valiant Bank AG is headquartered in Bern.
|Total Assets (2017)|
|26 435.97 mln CHF (+1.98%)|
In 2017 total assets of Valiant Bank AG were 26 435.97 mln CHF. Growth compared to the previous period (2016) was 1.98%. The evolution of the total assets of Valiant Bank AG is shown at Chart 1 below.
Chart 1. Total Assets of Valiant Bank AG.
|- (not rated)||A1 (upper medium grade)|
Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government. Valiant Bank AG is rated by Moody's.
Credit ratings assigned to Valiant Bank AG as of May 2018 are shown in details in the following sections.
Long-term rating for Valiant Bank AG it is set to A1 (upper medium grade). Long-term bank deposit rating is A1 (upper medium grade). Baseline credit assessment is a3. Short-term rating is not assigned.
|Long-Term Bank Deposit Rating||A1|
|Baseline Credit Assessment||a3|
Outlook for the ratings of Valiant Bank AG is set to stable (not likely to change).
|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 Valiant Bank 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|
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 Valiant Bank AG and its components are shown in the table below.
|Bank BIC Code||VABE|
|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.