MediBank AG

On July 8, 2015 an extraordinary general meeting of Medibank decided to liquidate the company voluntarily. The Swiss Financial Market Supervisory Authority (FINMA) gave its consent.

Bank Category
Stock exchange banks

MediBank AG was the 258th largest bank in Switzerland in terms of total assets. In 2014 its total assets were 69,06 mln CHF, providing the bank with the market share of 0.00%. MediBank AG was the 43rd largest stock exchange bank in Switzerland (out of 47 banks) having market share of 0.03% amongst the banks of this category.

Rank in Switzerland
258th largest bank

Total Assets (2014)
69.06 mln CHF  (-14.88%)

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

MediBank AG was headquartered in Zug.

Address
Bahnhofstrasse 10, 6301, Zug, Switzerland
Phone
041 726 25 25
Fax
041 726 25 26
BIC (SWIFT)
MEDKCH21XXX
Company Number
CHE-107.950.819
Founded
1979
Closed
2015

Financial Positions

Total Assets (2014)
69.06 mln CHF  (-14.88%)

In 2014 total assets of MediBank AG were 69.06 mln CHF. Decline compared to the previous period (2013) was -14.88%. The evolution of the total assets of MediBank AG is shown at Chart 1 below.

Total Assets of MediBank AG. Chart 1. Total Assets of MediBank AG.

Market Position and Market Share (among banks in Switzerland)

Total Assets (2014)
258th (market share 0.00%)

In 2014 MediBank AG was the 258th largest bank in Switzerland in terms of total assets, having 0.00% of market share.

Market share of MediBank AG Chart 2. Market share of MediBank AG

Several banks with market shares closest to MediBank AG are shown below.

RankNameTotal AssetsMarket Share
245 Dominick Company AG72.57 mln CHF0.00%
258 MediBank AG (closed)69.06 mln CHF0.00%
235Habibsons Bank Limited, London, Zweigniederlassung Zürich68.19 mln CHF0.00%
 

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 MediBank 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

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 MediBank AG and its components are shown in the table below.

BIC  MEDKCH21XXX
Bank BIC Code  MEDK
Country Code  CH (Switzerland)
Location Code  21
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-107.950.819