Bank Hottinger & Cie AG (formerly Hottinger & Cie AG)

On October 26, 2015 Financial Market Supervisory Authority (FINMA) initiated bankruptcy proceedings against Bank Hottinger & Cie AG as the bank was at risk of becoming overly indebted.

Bank Category
Stock exchange banks

Bank Hottinger & Cie AG was the 197th largest bank in Switzerland in terms of total assets. In 2014 its total assets were 366,66 mln CHF, providing the bank with the market share of 0.01%. Bank Hottinger & Cie AG was the 28th largest stock exchange bank in Switzerland (out of 47 banks) having market share of 0.18% amongst the banks of this category.

Rank in Switzerland
197th largest bank

Total Assets (2014)
366.66 mln CHF  (+8.17%)

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

Bank Hottinger & Cie AG was headquartered in Zürich.

Address
Schützengasse 30, 8021, Zürich, Switzerland
Phone
044 284 12 00
Fax
044 284 12 99
BIC (SWIFT)
HOTTCHZZXXX
Company Number
CHE-105.833.083
Founded
1968
Closed
2015

Financial Positions

Total Assets (2014)
366.66 mln CHF  (+8.17%)

In 2014 total assets of Bank Hottinger & Cie AG were 366.66 mln CHF. Growth compared to the previous period (2013) was 8.17%. The evolution of the total assets of Bank Hottinger & Cie AG is shown at Chart 1 below.

Total Assets of Bank Hottinger & Cie AG. Chart 1. Total Assets of Bank Hottinger & Cie AG.

Market Position and Market Share (among banks in Switzerland)

Total Assets (2014)
197th (market share 0.01%)

In 2014 Bank Hottinger & Cie AG was the 197th largest bank in Switzerland in terms of total assets, having 0.01% of market share.

Market share of Bank Hottinger & Cie AG Chart 2. Market share of Bank Hottinger & Cie AG

Several banks with market shares closest to Bank Hottinger & Cie AG are shown below.

RankNameTotal AssetsMarket Share
211 Banque Havilland (Suisse) S.A.370.13 mln CHF0.01%
197 Bank Hottinger & Cie AG (closed)366.66 mln CHF0.01%
185 Sparkasse Sense365.80 mln CHF0.01%
 

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 Bank Hottinger & Cie 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 Bank Hottinger & Cie AG and its components are shown in the table below.

BIC  HOTTCHZZXXX
Bank BIC Code  HOTT
Country Code  CH (Switzerland)
Location Code  ZZ
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-105.833.083