Bank-now AG

Retail Banking Products

Consumer Loans from 7.90 %

Bank-now was founded in 2006 and now operates is a 100% subsidiary of Credit Suisse AG. Bank-now specializes in credit and leasing solutions for private persons and SME companies. The bank offers credit cards, loans, and insurance products, as well as financing for new and used cars.

Bank Category
Other banks

Services
Retail Banking
SME Banking

Bank-now AG is the 74th largest bank in Switzerland in terms of total assets. In 2016 its total assets were 3 277,75 mln CHF, providing the bank with the market share of 0.11%.

Rank in Switzerland
74th largest bank

Total Assets (2016)
3 277.75 mln CHF  (-3.58%)

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

Bank-now AG is a member of Credit Suisse (Switzerland). Bank-now AG is headquartered in Horgen.

Address
Horgen, Switzerland
Website
https://www.bank-now.ch/
Company Number
CHE-113.328.982
Founded
2006

Business Summary

Services
retail banking
SME banking
Products
consumer loans (7.90 - 9.90 %)
car loans
mortgage loans
leasing
insurance

Products

Consumer Loans

Consumer loans are secured or unsecured (i.e., backed or non-backed by a collateral) loans provided to retail customers for personal, family, or household purposes or for purchase of goods and services. In terms of repayment, consumer loans can be revolving (when a credit limit can be spent, repaid and spent again) or installment (such a loan is repaid in equal installments until the loan is paid off at the end of its term). Consumer loans offered by Bank-now AG are shown in the table below.

Updated on 14 December 2017

Credit-now Classic
Sales Region
Switzerland
Loan Currency
CHF
Effective Rate (p.a.)
7.90 - 9.90 %
Loan Amount (CHF)
1000 - 250000
Loan Term (months)
6
Credit-now Classic
Sales Region
Switzerland
Loan Currency
CHF
Effective Rate (p.a.)
7.90 - 9.90 %
Loan Amount (CHF)
1000 - 250000
Loan Term (months)
12
Credit-now Classic
Sales Region
Switzerland
Loan Currency
CHF
Effective Rate (p.a.)
7.90 - 9.90 %
Loan Amount (CHF)
1000 - 250000
Loan Term (months)
24
Credit-now Classic
Sales Region
Switzerland
Loan Currency
CHF
Effective Rate (p.a.)
7.90 - 9.90 %
Loan Amount (CHF)
1000 - 250000
Loan Term (months)
36
Credit-now Classic
Sales Region
Switzerland
Loan Currency
CHF
Effective Rate (p.a.)
7.90 - 9.90 %
Loan Amount (CHF)
1000 - 250000
Loan Term (months)
48
Credit-now Classic
Sales Region
Switzerland
Loan Currency
CHF
Effective Rate (p.a.)
7.90 - 9.90 %
Loan Amount (CHF)
1000 - 250000
Loan Term (months)
60
Credit-now Classic
Sales Region
Switzerland
Loan Currency
CHF
Effective Rate (p.a.)
7.90 - 9.90 %
Loan Amount (CHF)
1000 - 250000
Loan Term (months)
72
Credit-now Classic
Sales Region
Switzerland
Loan Currency
CHF
Effective Rate (p.a.)
7.90 - 9.90 %
Loan Amount (CHF)
1000 - 250000
Loan Term (months)
84

Switzerland: This product is offered to Swiss residents only. When clicking on the product link you will be redirected to the product page in German, French or Italian.

See Also

Financial Positions

Total Assets (2016)
3 277.75 mln CHF  (-3.58%)

In 2016 total assets of Bank-now AG were 3 277.75 mln CHF. Decline compared to the previous period (2015) was -3.58%. The evolution of the total assets of Bank-now AG is shown at Chart 1 below.

Total Assets of Bank-now AG.

Chart 1. Total Assets of Bank-now AG.

Market Position and Market Share (among banks in Switzerland)

Total Assets (2016)
74th (market share 0.11%)

In 2016 Bank-now AG was the 74th largest bank in Switzerland in terms of total assets, having 0.11% of market share.

Market share of Bank-now AG

Chart 2. Market share of Bank-now AG

Several banks with market shares closest to Bank-now AG are shown below.

RankNameTotal AssetsMarket Share
73 Banque SYZ SA3336.60 mln CHF0.11%
74 Bank-now AG3277.75 mln CHF0.11%
75 Mirabaud & Cie SA3179.68 mln CHF0.10%
 

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-now 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.

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-113.328.982