acrevis Bank AG

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.

Bank Category

Regional banks and savings banks

Services

Retail Banking
Private Banking
Corporate Banking

Products

Financials

Total Assets (2017)
4 344.15 mln CHF  (+1.05%)

acrevis Bank AG is the 65th largest bank in Switzerland in terms of total assets. In 2017 its total assets were 4 344,15 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 regional banks and savings banks) having market share of 3.68% 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.

Contacts

Marktplatz 1, 9004, St. Gallen, Switzerland
058 122 75 55
058 122 75 50

acrevis Bank AG is headquartered in St. Gallen.

Bank Identifiers

BIC (SWIFT)
ACRGCH22XXX
Company Number
CHE-109.604.788
Founded
2002

Business Summary

Services
retail banking
private banking
corporate banking
Products
current accounts
credit cards
savings accounts
time deposit accounts (0.00 - 0.40 %)
consumer loans

acrevis Bank AG provides products and services in the areas of retail banking, private banking, corporate banking. The range of products offered by acrevis Bank AG includes current accounts, credit cards, savings accounts, time deposit accounts (0.00 - 0.40 %), consumer loans.

Products

Time Deposit Accounts

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 However the money deposited to such account cannot be withdrawn for a specified period of time (term).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.

Updated on 11 December 2018

Kassenobligation
Sales Region
Switzerland
Account Currency
EUR
Interest Rate (p.a.)
0.00 %
Deposit Term (months)
24
Time Deposit Account Details
Product Name
Kassenobligation
Account Currency
EUR
Interest Rate (p.a.)
0.00 %
Deposit Term (months)
24
Kassenobligation
Sales Region
Switzerland
Account Currency
EUR
Interest Rate (p.a.)
0.00 %
Deposit Term (months)
36
Time Deposit Account Details
Product Name
Kassenobligation
Account Currency
EUR
Interest Rate (p.a.)
0.00 %
Deposit Term (months)
36
Kassenobligation
Sales Region
Switzerland
Account Currency
EUR
Interest Rate (p.a.)
0.13 %
Deposit Term (months)
48
Time Deposit Account Details
Product Name
Kassenobligation
Account Currency
EUR
Interest Rate (p.a.)
0.13 %
Deposit Term (months)
48
Kassenobligation
Sales Region
Switzerland
Account Currency
EUR
Interest Rate (p.a.)
0.20 %
Deposit Term (months)
60
Time Deposit Account Details
Product Name
Kassenobligation
Account Currency
EUR
Interest Rate (p.a.)
0.20 %
Deposit Term (months)
60
Kassenobligation
Sales Region
Switzerland
Account Currency
EUR
Interest Rate (p.a.)
0.30 %
Deposit Term (months)
72
Time Deposit Account Details
Product Name
Kassenobligation
Account Currency
EUR
Interest Rate (p.a.)
0.30 %
Deposit Term (months)
72
Kassenobligation
Sales Region
Switzerland
Account Currency
EUR
Interest Rate (p.a.)
0.40 %
Deposit Term (months)
84
Time Deposit Account Details
Product Name
Kassenobligation
Account Currency
EUR
Interest Rate (p.a.)
0.40 %
Deposit Term (months)
84

Switzerland: This product is offered to Swiss residents only. When clicking on the product link you will be redirected to the product page in German, French or Italian.

See Also

Financial Positions

Total Assets (2017)
4 344.15 mln CHF  (+1.05%)

In 2017 total assets of acrevis Bank AG were 4 344.15 mln CHF. Growth compared to the previous period (2016) was 1.05%. The evolution of the total assets of acrevis Bank AG is shown at Chart 1 below.

Total Assets of acrevis Bank AG.

Chart 1. Total Assets of acrevis Bank AG.

Market Share and Rank (among banks in Switzerland)

Total Assets (2017)
65th (market share 0.13%)

In 2017 acrevis Bank AG was ranked the 65th largest bank in Switzerland in terms of total assets, having 0.13% of the domestic market share.

Market share of acrevis Bank AG (among banks in Switzerland)

Chart 2. Market share of acrevis Bank AG (among banks in Switzerland)

Several banks having the market shares and ranks closest to acrevis Bank AG are shown below.

RankNameTotal AssetsMarket Share
64 Obwaldner Kantonalbank4549.03 mln CHF0.14%
65 acrevis Bank AG4344.15 mln CHF0.13%
66 Notenstein La Roche Privatbank AG4277.20 mln CHF0.13%
 

Market Share and Rank (among Regional banks and savings banks in Switzerland)

Total Assets (2017)
5th (market share 3.68%)

In 2017 acrevis Bank AG was ranked the 5th largest regional bank and savings bank in Switzerland in terms of total assets, having 3.68% of the category's market share.

Market share of acrevis Bank AG (among Regional banks and savings banks in Switzerland)

Chart 3. Market share of acrevis Bank AG (among Regional banks and savings banks in Switzerland)

Several regional banks and savings banks having the market shares and ranks closest to acrevis Bank AG are shown below.

RankNameTotal AssetsMarket Share
4 Hypothekarbank Lenzburg AG5039.79 mln CHF4.27%
5 acrevis Bank AG4344.15 mln CHF3.68%
6 AEK BANK 1826 Genossenschaft4129.32 mln CHF3.50%
 

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 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

Further Information

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 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

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