Bank J. Safra Sarasin AG (formerly Bank Sarasin & Cie AG)

Founded in 1841, J. Safra Sarasin is specialized in international private bank providing asset and wealth management and investment banking products and services.

Bank Category

Foreign-controlled banks

Financials

Total Assets (2017)
20 975.03 mln CHF  (+4.51%)

In 2017 total assets of Bank J. Safra Sarasin AG were 20 975,03 mln CHF.

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

Contacts

Elisabethenstrasse 62, 4002, Basel, Switzerland
061 277 77 77
061 272 02 05

Bank J. Safra Sarasin AG is headquartered in Basel.

Bank Identifiers

BIC (SWIFT)
SARACHBBXXX
Company Number
CHE-105.933.773
Founded
1841

Financial Positions

Total Assets (2017)
20 975.03 mln CHF  (+4.51%)

In 2017 total assets of Bank J. Safra Sarasin AG were 20 975.03 mln CHF. Growth compared to the previous period (2016) was 4.51%. The evolution of the total assets of Bank J. Safra Sarasin AG is shown at Chart 1 below.

Total Assets of Bank J. Safra Sarasin AG.

Chart 1. Total Assets of Bank J. Safra Sarasin AG.

Market Share and Rank (among banks in Switzerland)

Total Assets (2016)
28th (market share 0.65%)

In 2016 Bank J. Safra Sarasin AG was ranked the 28th largest bank in Switzerland in terms of total assets, having 0.65% of the domestic market share.

Market share of Bank J. Safra Sarasin AG (among banks in Switzerland)

Chart 2. Market share of Bank J. Safra Sarasin AG (among banks in Switzerland)

Several banks having the market shares and ranks closest to Bank J. Safra Sarasin AG are shown below.

RankNameTotal AssetsMarket Share
27 Barclays Capital, Zurich Branch of Barclays Bank PLC, London20133.58 mln CHF0.65%
28 Bank J. Safra Sarasin AG20069.54 mln CHF0.65%
29 EFG Bank AG18183.84 mln CHF0.59%
 

Market Share and Rank (among Foreign-controlled banks in Switzerland)

Total Assets (2016)
3rd (market share 8.11%)

In 2016 Bank J. Safra Sarasin AG was ranked the 3rd largest foreign-controlled bank in Switzerland in terms of total assets, having 8.11% of the category's market share.

Market share of Bank J. Safra Sarasin AG (among Foreign-controlled banks in Switzerland)

Chart 3. Market share of Bank J. Safra Sarasin AG (among Foreign-controlled banks in Switzerland)

Several foreign-controlled banks having the market shares and ranks closest to Bank J. Safra Sarasin AG are shown below.

RankNameTotal AssetsMarket Share
2 BNP Paribas (Suisse) SA23452.64 mln CHF9.47%
3 Bank J. Safra Sarasin AG20069.54 mln CHF8.11%
4 EFG Bank AG18183.84 mln CHF7.35%
 

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 J. Safra Sarasin 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

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 J. Safra Sarasin AG and its components are shown in the table below.

BIC  SARACHBBXXX
Bank BIC Code  SARA
Country Code  CH (Switzerland)
Location Code  BB
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-105.933.773

European Presence: 7 banks in 6 countries

Bank J. Safra Sarasin AG operates under the brand name J Safra Sarasin. This banking brand has presence in the following European countries and selected dependent territories of the European countries:

Gibraltar

Guernsey

Luxembourg

Monaco

Switzerland

  •  (this bank) Bank J. Safra Sarasin AG (Basel)

United Kingdom

Defunct Banks: 3 banks in 3 countries

The following banks operating under J Safra Sarasin brand name has been recently closed down:

Germany

Monaco

Switzerland