Established in 2002 acrevis 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. acrevis Bank AG is the 66th largest bank in Switzerland in terms of total assets. In 2015 its total assets were 4 073,94 mln CHF, providing the bank with the market share of 0.13%. acrevis Bank AG is the 5th largest regional bank and savings bank in Switzerland (out of 62 banks) having market share of 3.60% amongst the banks of this category.
acrevis Bank AG participates in deposit guarantee scheme of Switzerland. This scheme covers accounts up to 100 000 CHF per bank per depositor.
acrevis Bank AG is headquartered in St. Gallen.
| Services |
|---|
| retail banking private banking corporate banking |
| Products |
| current accounts credit cards savings accounts time deposit accounts (0.00 - 0.50 %) consumer loans |
Time deposits accounts are interest-bearing deposit accounts offering higher interest rates than savings accounts. However the money deposited to such account cannot be withdrawn for a specified period of time (term).
Time deposit accounts made with acrevis Bank AG are covered by deposit guarantee scheme of Switzerland up to 100 000 CHF per depositor. acrevis Bank AG offers the following time deposit accounts.
Last updated 27 June 2017
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| Total Assets (2015) |
|---|
| 4 073.94 mln CHF (+1.97%) |
In 2015 total assets of acrevis Bank AG were 4 073.94 mln CHF. Growth compared to the previous period (2014) was 1.97%. The evolution of the total assets of acrevis Bank AG is shown at Chart 1 below.
Chart 1. Total Assets of acrevis Bank AG.
| 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 acrevis 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) |
| Covered Currencies | all |
| Maximum Protected Amount | 100 000 CHF |
| Paid In Currency | CHF |
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 acrevis Bank AG and its components are shown in the table below.
| BIC | ACRGCH22XXX |
| Bank BIC Code | ACRG |
| Country Code | CH (Switzerland) |
| Location Code | 22 |
| Branch Code | XXX |
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-109.604.788 |
