VZ Depotbank AG

VZ Depotbank provides efficient and cost-effective settlement of securities transactions.

VZ Depotbank AG is the 87th largest bank in Switzerland in terms of total assets. In 2016 its total assets were 2 299,40 mln CHF, providing the bank with the market share of 0.07%.

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

VZ Depotbank AG is headquartered in Zug.

Address
Beethovenstrasse 20, 8002, Zug, Switzerland
Phone
044 207 25 25
Fax
044 207 25 26
Bank Category
Other banks
Start Date
2006
Total Assets (2016)
2 299.40 mln CHF  (+22.06%)
Deposit Guarantee
100 000 CHF
BIC (SWIFT)
VZDBCHZZXXX
Company Number
CHE-113.033.311

Financial Positions

Total Assets (2016)
2 299.40 mln CHF  (+22.06%)

In 2016 total assets of VZ Depotbank AG were 2 299.40 mln CHF. Growth compared to the previous period (2015) was 22.06%. The evolution of the total assets of VZ Depotbank AG is shown at Chart 1 below.

Total Assets of VZ Depotbank AG. Chart 1. Total Assets of VZ Depotbank AG.

Market Position and Market Share (among banks in Switzerland)

Total Assets (2016)
87th (market share 0.07%)

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 VZ Depotbank 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 VZ Depotbank AG and its components are shown in the table below.

BIC  VZDBCHZZXXX
Bank BIC Code  VZDB
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-113.033.311

European Presence: 2 banks in 2 countries

This bank operates in the following European countries and selected dependent territories of the European countries:

Germany

Switzerland

  •  (this bank) VZ Depotbank AG (Zug)