Vadian Bank AG

On July 1, 2015 Vadian Bank was merged with St. Galler Kantonalbank.

Bank Category

Regional banks and savings banks

Financials

Total Assets (2014)
488.03 mln CHF  (+4.57%)

Vadian Bank AG was the 176th largest bank in Switzerland in terms of total assets. In 2014 its total assets were 488,03 mln CHF, providing the bank with the market share of 0.01%. Vadian Bank AG was the 40th largest regional bank and savings bank in Switzerland (out of 63 regional banks and savings banks) having market share of 0.45% amongst the banks of this category.

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

Contacts

Webergasse 8, 9001, St. Gallen, Switzerland
2148
071 228 84 84
071 228 84 85

Vadian Bank AG was headquartered in St. Gallen.

Bank Identifiers

BIC (SWIFT)
VADICH22XXX
Company Number
CHE-108.953.051
Founded
1811
Closed
2015

Financial Positions

Total Assets (2014)
488.03 mln CHF  (+4.57%)

In 2014 total assets of Vadian Bank AG were 488.03 mln CHF. Growth compared to the previous period (2013) was 4.57%. The evolution of the total assets of Vadian Bank AG is shown at Chart 1 below.

Total Assets of Vadian Bank AG.

Chart 1. Total Assets of Vadian Bank AG.

Market Share and Rank (among banks in Switzerland)

Total Assets (2014)
176th (market share 0.01%)

In 2014 Vadian Bank AG was ranked the 176th largest bank in Switzerland in terms of total assets, having 0.01% of the domestic market share.

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

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

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

RankNameTotal AssetsMarket Share
163 GRB Glarner Regionalbank Genossenschaft488.74 mln CHF0.02%
176 Vadian Bank AG (closed)488.03 mln CHF0.01%
164 Caisse d'Epargne Riviera, SC487.75 mln CHF0.02%
 

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

Total Assets (2014)
40th (market share 0.45%)

In 2014 Vadian Bank AG was ranked the 40th largest regional bank and savings bank in Switzerland in terms of total assets, having 0.45% of the category's market share.

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

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

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

RankNameTotal AssetsMarket Share
39 GRB Glarner Regionalbank Genossenschaft488.74 mln CHF0.47%
40 Vadian Bank AG (closed)488.03 mln CHF0.45%
40 Caisse d'Epargne Riviera, SC487.75 mln CHF0.45%
 

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 Vadian 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 Vadian Bank AG and its components are shown in the table below.

BIC  VADICH22XXX
Bank BIC Code  VADI
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-108.953.051