Sparkasse Schwyz AG

Established in 1812 Sparkasse Schwyz AG is a savings bank, focused on providing retail banking products and services (mortgages and corporate loans, customer savings and deposits) to local residents. Sparkasse Schwyz AG is the 92nd largest bank in Switzerland in terms of total assets. In 2016 its total assets were 1 770,97 mln CHF, providing the bank with the market share of 0.06%. Sparkasse Schwyz AG is the 10th largest regional bank and savings bank in Switzerland (out of 62 banks) having market share of 1.52% amongst the banks of this category.

Sparkasse Schwyz AG participates in deposit guarantee scheme of Switzerland. This scheme covers accounts up to 100 000 CHF per bank per depositor.

Sparkasse Schwyz AG is headquartered in Schwyz.

Address
Herrengasse 23, 6431, Schwyz, Switzerland
P.O. Box
564
Phone
041 819 02 50
Fax
041 819 02 51
Website
http://www.sparkasse.ch/
Bank Category
Regional banks and savings banks
Start Date
1812
Total Assets (2016)
1 770.97 mln CHF  (+1.41%)
Deposit Guarantee
100 000 CHF
BIC (SWIFT)
RBABCH22633
Company Number
CHE-108.954.464

Financial Positions

Total Assets (2016)
1 770.97 mln CHF  (+1.41%)

In 2016 total assets of Sparkasse Schwyz AG were 1 770.97 mln CHF. Growth compared to the previous period (2015) was 1.41%. The evolution of the total assets of Sparkasse Schwyz AG is shown at Chart 1 below.

Total Assets of Sparkasse Schwyz AG. Chart 1. Total Assets of Sparkasse Schwyz AG.

Market Position and Market Share (among banks in Switzerland)

Total Assets (2016)
92nd (market share 0.06%)

Deposit Guarantee

Deposit Guarantee
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 Sparkasse Schwyz 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)
Covered Currencies  all
Maximum Protected Amount  100 000 CHF
Paid In Currency  CHF

Further Information

Bank Identifiers

Any bank can be identified for different purposes and hence can have several different identifiers.

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 Sparkasse Schwyz AG and its components are shown in the table below.

BIC  RBABCH22633
Bank BIC Code  RBAB
Country Code  CH (Switzerland)
Location Code  22
Branch Code  633

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-108.954.464