Established in 1849 Neue Aargauer 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.
Neue Aargauer Bank AG is the 23rd largest bank in Switzerland in terms of total assets. In 2017 its total assets were 23 076,16 mln CHF, providing the bank with the market share of 0.71%. Neue Aargauer Bank AG is the 2nd largest regional bank and savings bank in Switzerland (out of 62 regional banks and savings banks) having market share of 19.53% amongst the banks of this category.
Neue Aargauer Bank AG participates in deposit guarantee scheme of Switzerland. This scheme covers accounts up to 100 000 CHF per bank per depositor.
Neue Aargauer Bank AG is headquartered in Aarau.
|Total Assets (2017)|
|23 076.16 mln CHF (-2.67%)|
In 2017 total assets of Neue Aargauer Bank AG were 23 076.16 mln CHF. Decline compared to the previous period (2016) was -2.67%. The evolution of the total assets of Neue Aargauer Bank AG is shown at Chart 1 below.
Chart 1. Total Assets of Neue Aargauer Bank AG.
|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 Neue Aargauer 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 Neue Aargauer Bank AG and its components are shown in the table below.
|Bank BIC Code||AHHB|
|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.