Founded in 1903, Società Bancaria Ticinese is a Swiss independent private bank, whose shareholders, predominantly from Bellinzona, mainly belonging to the Resinelli family. Società Bancaria Ticinese provides the whole range of traditional banking services.
In 2023, Società Bancaria Ticinese SA achieved the position of 160th largest bank in Switzerland with a market share of 0.01%; its total assets dropped by 0.95%.
Deposits up to 100,000 CHF are covered by Swiss deposit guarantee scheme in Società Bancaria Ticinese SA.
Società Bancaria Ticinese SA ranks as the 160th largest bank in Switzerland by total assets. In 2023 its total assets were 201.87 mln CHF, representing a 0.01% market share. It is also the 17th largest stock exchange bank in Switzerland, commanding a 0.12% share among stock exchange banks. In 2022 the bank's annual profit was 700,000.00 CHF. As of 2022, the bank employed 16 people.
Società Bancaria Ticinese SA protects deposits up to up to 100,000 CHF per depositor through Switzerland's deposit guarantee scheme. The scheme applies to credit balances made by private individuals (Swiss and foreign), legal entities (Swiss and foreign). The bank participates in the esisuisse – Deposit Insurance (ESI), making regular contributions into it.
Società Bancaria Ticinese SA is headquartered in Bellinzona.
Società Bancaria Ticinese SA is authorized and supervised by the Swiss Financial Market Supervisory Authority.
Società Bancaria Ticinese SA provides products and services in the areas of retail banking, business banking, asset management, investment advisory. Società Bancaria Ticinese SA offers a range of products including current accounts, savings accounts, time deposit accounts, mortgage loans, lombard loans, safe deposit boxes. Società Bancaria Ticinese SA makes its solutions available to natural persons, companies.
Products and services offered by Società Bancaria Ticinese SA are available at its branches and via its online banking system.
In 2023 total assets of Società Bancaria Ticinese SA were 201.87 mln CHF. Decline compared to the previous period (2022) was -0.95%. The evolution of the total assets of Società Bancaria Ticinese SA is shown at Chart 1 below.
Chart 1. Total Assets of Società Bancaria Ticinese SA.
In 2022 assets under management of Società Bancaria Ticinese SA were 406.70 mln CHF. Decline compared to the previous period (2021) was -10.30%.
In 2022 gross profit of Società Bancaria Ticinese SA was 5.00 mln CHF. Decline compared to the previous period (2021) was -23.08%.
Recent changes in gross profit of Società Bancaria Ticinese SA and its main components are shown in Table 1.
2021 | 2022 | change (%) | |
---|---|---|---|
Net Interest Income | 1.5 | 1.6 | +6.67% |
Net Commission Income | 3.8 | 3.4 | -10.53% |
Net Income from Trading Operations | 1.1 | -0.1 | |
Gross Profit | 6.5 | 5.0 | -23.08% |
Table 1. Recent changes in gross profit of Società Bancaria Ticinese SA (mln CHF).
In 2022 annual profit of Società Bancaria Ticinese SA was 700,000.00 CHF. Decline compared to the previous period (2021) was -56.25%.
In 2022 there were 16 employees of Società Bancaria Ticinese SA. Decline compared to the previous period (2021) was -11.11%.
Discover key identifiers of Società Bancaria Ticinese SA including its BIC, LEI, company number.
BIC: SBTICH22XXX
The BIC (also known as SWIFT code) for Società Bancaria Ticinese SA is SBTICH22XXX. It is used in financial transactions like cross-border and SEPA payments, and helps identify the bank in global banking systems.
Key | Value |
---|---|
BIC | SBTICH22XXX |
Bank BIC Code | SBTI |
Country Code | CH (Switzerland) |
Location Code | 22 |
Branch Code | XXX |
LEI: 549300HSWKGX7HDSBC31
Società Bancaria Ticinese SA’s LEI is 549300HSWKGX7HDSBC31. This code is critical for verifying the institutions’s legal identity in financial markets and is used for regulatory reporting and risk management.
Key | Value |
---|---|
LEI | 549300HSWKGX7HDSBC31 |
LOU Identifier | 5493 |
Reserved | 00 |
Entity Identifier | HSWKGX7HDSBC |
Verification ID | 31 |
Company Registration Number: CHE-106.870.827
Società Bancaria Ticinese SA is registered in Switzerland under company number CHE-106.870.827. In Switzerland, Company Registration Number (UID) is assigned automatically when registering a company. The UID is a unique and unchangeable identifier which simplifies communication between enterprises and authorities. UIDs are made up of the country code ‘CHE’ and nine digits.
Key | Value |
---|---|
Company Number | CHE-106.870.827 |
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