In 2015 ARVEST Privatbank AG voluntary surrendered its banking license to concentrate its activities around fund and asset management.
ARVEST Privatbank AG was the 261st largest bank in Switzerland in terms of total assets. In 2014 its total assets were 47,35 mln CHF, providing the bank with the market share of 0.00%. ARVEST Privatbank AG was the 45th largest stock exchange bank in Switzerland (out of 47 banks) having market share of 0.02% amongst the banks of this category.
ARVEST Privatbank AG participates in deposit guarantee scheme of Switzerland. This scheme covers accounts up to 100 000 CHF per bank per depositor.
ARVEST Privatbank AG was headquartered in Freienbach.
|Total Assets (2014)|
|47.35 mln CHF (-30.99%)|
In 2014 total assets of ARVEST Privatbank AG were 47.35 mln CHF. Decline compared to the previous period (2013) was -30.99%. The evolution of the total assets of ARVEST Privatbank AG is shown at Chart 1 below.
Chart 1. Total Assets of ARVEST Privatbank AG.
|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 ARVEST Privatbank 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)|
|Maximum Protected Amount||100 000 CHF|
|Paid In Currency||CHF|
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.