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-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%.
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.
|consumer loans (7.90 - 9.90 %)
Bank-now AG provides products and services in the areas of retail banking, SME banking. The range of products offered by Bank-now AG includes consumer loans (7.90 - 9.90 %), car loans, mortgage loans, leasing, insurance.
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 22 June 2018
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|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.
Chart 1. Total Assets of Bank-now AG.
|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)|
|Maximum Protected Amount||100 000 CHF|
|Paid In Currency||CHF|
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.