BANCA DEL CERESIO SA

Incorporated in 1958, Banca del Ceresio SA is a Swiss bank founded and owned by the Foglia family. Banca del Ceresio offers private banking, asset management services, financial advice, securities dealing and custody to private clients and institutions.

Bank Category
Foreign-controlled banks

BANCA DEL CERESIO SA is the 143rd largest bank in Switzerland in terms of total assets. In 2016 its total assets were 752,84 mln CHF, providing the bank with the market share of 0.02%. BANCA DEL CERESIO SA is the 43rd largest foreign-controlled bank in Switzerland (out of 81 banks) having market share of 0.30% amongst the banks of this category.

Rank in Switzerland
143rd largest bank

Total Assets (2016)
752.84 mln CHF  (+14.15%)
Number of Employees (2016)
131  (+1.63%)

BANCA DEL CERESIO SA participates in deposit guarantee scheme of Switzerland. This scheme covers accounts up to 100 000 CHF per bank per depositor.

BANCA DEL CERESIO SA is headquartered in Lugano.

Address
6901, Lugano, Switzerland
P.O. Box
2860
Phone
091 923 84 22
Fax
091 923 55 08
Website
http://www.ceresiobank.com/
BIC (SWIFT)
BACECH22XXX
Company Number
CHE-102.245.636
Founded
1958

Financial Positions

Total Assets (2016)
752.84 mln CHF  (+14.15%)
Assets Under Management (2016)
8 412.40 mln CHF  (-6.49%)

In 2016 total assets of BANCA DEL CERESIO SA were 752.84 mln CHF. Growth compared to the previous period (2015) was 14.15%. The evolution of the total assets of BANCA DEL CERESIO SA is shown at Chart 1 below.

Total Assets of BANCA DEL CERESIO SA.

Chart 1. Total Assets of BANCA DEL CERESIO SA.

In 2016 assets under management of BANCA DEL CERESIO SA were 8 412.40 mln CHF. Decline compared to the previous period (2015) was -6.49%.

Profit and Loss

Gross Profit (2016)
18.60 mln CHF  (-4.62%)
Annual Profit (2016)
16.10 mln CHF  (+1.90%)

In 2016 gross profit of BANCA DEL CERESIO SA was 18.60 mln CHF. Decline compared to the previous period (2015) was -4.62%.

Recent changes in gross profit of BANCA DEL CERESIO SA and its main components are shown in Table 1.

2015 2016 % change
Net Interest Income 1.4 3.6 +157.14%
Net Commission Income 53.5 48.0 -10.28%
Net Income from Trading Operations 0.8 3.6 +350.00%
Net Income from Banking Operations 62.4 62.3 -0.16%
Gross Profit 19.5 18.6 -4.62%
Table 1. Recent changes in gross profit of BANCA DEL CERESIO SA (mln CHF).

In 2016 annual profit of BANCA DEL CERESIO SA was 16.10 mln CHF. Growth compared to the previous period (2015) was 1.90%.

Market Position and Market Share (among banks in Switzerland)

Total Assets (2016)
143rd (market share 0.02%)

In 2016 BANCA DEL CERESIO SA was the 143rd largest bank in Switzerland in terms of total assets, having 0.02% of market share.

Market share of BANCA DEL CERESIO SA

Chart 2. Market share of BANCA DEL CERESIO SA

Several banks with market shares closest to BANCA DEL CERESIO SA are shown below.

RankNameTotal AssetsMarket Share
142 Bank für Tirol und Vorarlberg Aktiengesellschaft, Innsbruck, Zweigniederlassung Staad757.44 mln CHF0.02%
143 BANCA DEL CERESIO SA752.84 mln CHF0.02%
144 Hyposwiss Private Bank Genève SA737.69 mln CHF0.02%
 

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 BANCA DEL CERESIO SA 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

Bank Identifiers

Any bank can be identified for different purposes and hence can have several different identifiers.

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 BANCA DEL CERESIO SA and its components are shown in the table below.

BIC  BACECH22XXX
Bank BIC Code  BACE
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-102.245.636