Alternative Bank Schweiz AG

Alternative Bank Schweiz (ABS) is focused on principles of ethical banking. Alternative Bank Schweiz provides savings, investments, company financing, real estate and monetary transactions. Loans are issued principally in the area of social or ecological housing, organic agriculture, renewable energy. Alternative Bank Schweiz also offers investment advice and investment funds. Alternative Bank Schweiz offers its products and services to natural and legal persons, partnerships and corporations whose residence or place of business is in Switzerland.

Address
Amthausquai 21, 4601, Olten, Switzerland
Phone
062 206 16 16
Fax
062 206 16 17
Bank Category
Other banks
Start Date
1989
Total Assets (2015)
1 590.29 mln CHF  (+0.27%)
Deposit Guarantee
100 000 CHF
BIC (SWIFT)
ALSWCH21XXX
Company Number
CHE-106.062.738

Financial Positions

Total Assets (2015)
1 590.29 mln CHF  (+0.27%)

In 2015 total assets of Alternative Bank Schweiz AG were 1 590.29 mln CHF. Growth compared to the previous period (2014) was 0.27%. The evolution of the total assets of Alternative Bank Schweiz AG is shown at Chart 1 below.

Total Assets of Alternative Bank Schweiz AG. Chart 1. Total Assets of Alternative Bank Schweiz AG.

Market Position and Market Share (among banks in Switzerland)

Total Assets (2015)
95th (market share 0.05%)

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 Alternative Bank Schweiz 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 Alternative Bank Schweiz AG and its components are shown in the table below.

BIC  ALSWCH21XXX
Bank BIC Code  ALSW
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-106.062.738