Established in 1890, Julius Baer is a Swiss private banking group, with Bank Julius Baer being its principal operating company dedicated to serving and advising sophisticated private clients and family offices from around the world.
Founded in 1890 Bank Julius Bär & Co. AG is focused on providing asset management, stock exchange and securities services. Bank Julius Bär & Co. AG is the 6th largest bank in Switzerland in terms of total assets. In 2015 its total assets were 79 990,34 mln CHF, providing the bank with the market share of 2.65%. Bank Julius Bär & Co. AG is the 1st largest stock exchange bank in Switzerland (out of 44 banks) having market share of 38.08% amongst the banks of this category.
Bank Julius Bär & Co. AG is rated by Moody's. Long-term credit rating assigned to the bank by Moody's is Aa2 (high grade). Bank Julius Bär & Co. AG participates in deposit guarantee scheme of Switzerland. This scheme covers accounts up to 100 000 CHF per bank per depositor.
Bank Julius Bär & Co. AG is headquartered in Zürich.
|Address||Bahnhofstrasse 36, 8010, Zürich, Switzerland|
|Phone||058 888 1111|
|Fax||058 888 1122|
|Head of Group||Julius Baer Group (Switzerland)|
|Bank Category||Stock exchange banks|
|Total Assets (2015)||79 990.34 mln CHF (+1.81%)|
|Market Position and Market Share (among banks in Switzerland)|
|Total Assets (2015)||6th (market share 2.65%)|
|Credit Ratings (as of Apr 2016)|
|Fitch||- (not rated)|
|Moody's||Aa2 (high grade)|
|S&P's||- (not rated)|
|Deposit Guarantee||Yes (up to 100 000 CHF per depositor)|
|European Presence||4 banks in 4 countries|
In 2015 total assets of Bank Julius Bär & Co. AG were 79 990.34 mln CHF. Growth compared to the previous period (2014) was 1.81%. The evolution of the total assets of Bank Julius Bär & Co. AG is shown at Chart 1 below.
Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government.Of the 'Big Three' rating agencies, Bank Julius Bär & Co. AG is rated by Moody's.
Credit ratings assigned to Bank Julius Bär & Co. AG as of April 2016 are shown in details in the following sections.
Long-term rating for Bank Julius Bär & Co. AG it is set to Aa2 (high grade). Long-term bank deposit rating is Aa2 (high grade). Bank financial strength rating is a2. Short-term rating is not assigned.
|Long-Term Bank Deposit Rating||Aa2|
|Bank Financial Strength Rating||a2|
Outlook for the ratings of Bank Julius Bär & Co. AG is set to negative (may be lowered).
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 Bank Julius Bär & Co. 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|
Further Information: Deposit Guarantee Scheme in Switzerland
Any bank can be identified for different purposes and hence can have several different identifiers.
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 Bank Julius Bär & Co. AG and its components are shown in the table below.
|Bank BIC Code||BAER|
|Country Code||CH (Switzerland)|
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.