Società Bancaria Ticinese SA

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Società Bancaria Ticinese SA Logo
Address
6501, Bellinzona, Switzerland
BIC
SBTICH22XXX

Overview

Category

Stock exchange banks

Business Focus

retail and business banking

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.

Performance

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%.

Deposit Protection

Deposits up to 100,000 CHF are covered by Swiss deposit guarantee scheme in Società Bancaria Ticinese SA.

Services

retail banking
business banking
asset management
investment advisory

Clients

natural persons
companies

Products

current accounts
savings accounts
time deposit accounts
mortgage loans
lombard loans
safe deposit boxes

See Also

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits
SEPA Direct Debits B2B

See Also

Ways to Bank

Società Bancaria Ticinese SA delivers its products and services through both direct and indirect channels, namely:
Società Bancaria Ticinese SA Ways to Bank
branch branch
online banking online banking

Financials

Total Assets of Società Bancaria Ticinese SA
Annual_profit of Società Bancaria Ticinese SA
Total Assets (2023)
201.87 mln CHF   (-0.95%)
Annual Profit (2022)
700,000.00 CHF   (-56.25%)
Number of Employees (2022)
16   (-11.11%)

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.

Deposit Guarantee

Protected Amount
up to 100,000 CHF
Guarantee Fund
esisuisse – Deposit Insurance (ESI)esisuisse – Deposit Insurance (ESI)
Covered Accounts
credit balances
Eligible Depositors
private individuals (Swiss and foreign)
legal entities (Swiss and foreign)

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.

See Also

Contacts

address6501, Bellinzona, Switzerland
po box2062
phone091 825 51 21
fax091 825 66 18

Società Bancaria Ticinese SA is headquartered in Bellinzona.

Bank Identifiers

BIC (SWIFT)
SBTICH22XXX
LEI
549300HSWKGX7HDSBC31
Company Number
CHE-106.870.827

Bank Supervision

Supervised By
Swiss Financial Market Supervisory Authority

Società Bancaria Ticinese SA is authorized and supervised by the Swiss Financial Market Supervisory Authority.

Bank History

Founded
1903

Business Summary

Services
retail banking
business banking
asset management
investment advisory
Products
current accounts
savings accounts
time deposit accounts
mortgage loans
lombard loans
safe deposit boxes
Clients
natural persons
companies

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.

Ways to Bank

Business Channels
branch branch
online banking online banking

Products and services offered by Società Bancaria Ticinese SA are available at its branches and via its online banking system.

Balance Sheet

Total Assets (2023)
201.87 mln CHF   (-0.95%)
Assets Under Management (2022)
406.70 mln CHF   (-10.30%)

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.

Total Assets of Società Bancaria Ticinese SA.

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%.

Income Statement

Gross Profit (2022)
5.00 mln CHF   (-23.08%)
Operating Income (2022)
1.40 mln CHF   (-33.33%)
Annual Profit (2022)
700,000.00 CHF   (-56.25%)

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%.

Number of Employees

Number of Employees (2022)
16   (-11.11%)

In 2022 there were 16 employees of Società Bancaria Ticinese SA. Decline compared to the previous period (2021) was -11.11%.

Market Share and Rank (among banks in Switzerland)

Total Assets (2023)
160th (market share 0.01%)

In 2023 Società Bancaria Ticinese SA was ranked the 160th largest bank in Switzerlandin terms of total assets, having 0.01% of the domestic market share.

Market share of Società Bancaria Ticinese SA (among banks in Switzerland)

Chart 2. Market share of Società Bancaria Ticinese SA (among banks in Switzerland)

Historical changes in Società Bancaria Ticinese SA's domestic rank and market share over 2019-2023 are shown below:

YearRankMarket %
20231600.01 %
20221640.01 %
20211540.01 %
20202080.01 %
20192080.01 %

TheBanks.eu identified several banks banks having the market shares and ranks closest to Società Bancaria Ticinese SA listed below.

RankNameMarket %Total Assets
159 CREDIT MUTUEL DE LA VALLEE SA0.01%224.30 mln CHF   (-0.05%)
160 Società Bancaria Ticinese SA0.01%201.87 mln CHF   (-0.95%)
161 Dukascopy Bank SA0.01%195.79 mln CHF   (-0.24%)

Market Share and Rank (among Stock exchange banks in Switzerland)

Total Assets (2023)
17th (market share 0.12%)

In 2023 Società Bancaria Ticinese SA was ranked the 17th largest stock exchange bank in Switzerlandin terms of total assets, having 0.12% of the category's market share.

Market share of Società Bancaria Ticinese SA (among Stock exchange banks in Switzerland)

Chart 3. Market share of Società Bancaria Ticinese SA (among Stock exchange banks in Switzerland)

TheBanks.eu identified several banks stock exchange banks having the market shares and ranks closest to Società Bancaria Ticinese SA listed below.

RankNameMarket %Total Assets
16 BZ Bank AG0.25%420.21 mln CHF   (-59.94%)
17 Società Bancaria Ticinese SA0.12%201.87 mln CHF   (-0.95%)
18 Dukascopy Bank SA0.11%195.79 mln CHF   (-0.24%)

Identifiers of Società Bancaria Ticinese SA

Discover key identifiers of Società Bancaria Ticinese SA including its BIC, LEI, company number.

BIC (Business Identifier Code)

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.

KeyValue
BIC SBTICH22XXX
Bank BIC Code SBTI
Country Code CH (Switzerland)
Location Code 22
Branch Code XXX

LEI (Legal Entity Identifier)

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.

KeyValue
LEI 549300HSWKGX7HDSBC31
LOU Identifier 5493
Reserved 00
Entity Identifier HSWKGX7HDSBC
Verification ID 31

Company Registration Number

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.

KeyValue
Company Number CHE-106.870.827

Banks Similar to Società Bancaria Ticinese SA

TheBanks.eu identified several banks similar to Società Bancaria Ticinese SA based on various criteria, including:

  • country of incorporation
  • bank category
  • business focus
  • originating country
  • total assets (market share)

Bank Category
Stock exchange banks
Business Focus
wealth management
Total Assets
662.40 mln CHF   (-12.96%)

Bank Category
Stock exchange banks
Business Focus
asset management, securities services
Total Assets
584.00 mln CHF   (-22.19%)

Bank Category
Stock exchange banks
Business Focus
asset management, securities services
Total Assets
525.45 mln CHF   (-22.98%)

Bank Category
Stock exchange banks
Business Focus
wealth management, securities services
Total Assets
420.21 mln CHF   (-59.94%)

Bank Category
Stock exchange banks
Business Focus
securities trading
Total Assets
195.79 mln CHF   (-0.24%)

Bank Category
Stock exchange banks
Business Focus
asset management
Total Assets
119.42 mln CHF   (-3.17%)

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