Established in 1857, Banco Santander is now the largest bank in Spain in terms of total assets. The bank's main business activity is retail banking which provides more than a half of the bank's income. Banco Santander (Suisse) SA operates as a subsidiary of Banco Santander (Spain).
In 2017 total assets of Banco Santander (Suisse) SA were 2 581,53 mln CHF. Banco Santander (Suisse) SA had 141 employees in 2014.
Banco Santander (Suisse) SA participates in deposit guarantee scheme of Switzerland. This scheme covers accounts up to 100 000 CHF per bank per depositor.
Banco Santander (Suisse) SA is headquartered in Genève.
Banco Santander (Suisse) SA provides products and services in the areas of retail banking, private banking, corporate banking, insurance.
|Total Assets (2017)|
|2 581.53 mln CHF (-13.18%)|
|Assets Under Management (2014)|
|11 536.50 mln CHF (+12.43%)|
In 2017 total assets of Banco Santander (Suisse) SA were 2 581.53 mln CHF. Decline compared to the previous period (2016) was -13.18%. The evolution of the total assets of Banco Santander (Suisse) SA is shown at Chart 1 below.
Chart 1. Total Assets of Banco Santander (Suisse) SA.
In 2014 assets under management of Banco Santander (Suisse) SA were 11 536.50 mln CHF. Growth compared to the previous period (2013) was 12.43%.
|Gross Profit (2014)|
|48.90 mln CHF (-7.56%)|
|Annual Profit (2014)|
|39.20 mln CHF (-21.60%)|
In 2014 gross profit of Banco Santander (Suisse) SA was 48.90 mln CHF. Decline compared to the previous period (2013) was -7.56%.
Recent changes in gross profit of Banco Santander (Suisse) SA and its main components are shown in Table 1.
|Net Interest Income||32.1||29.1||-9.35%|
|Net Commission Income||61.2||61.4||+0.33%|
|Net Income from Trading Operations||3.1||2.5||-19.35%|
|Net Income from Banking Operations||97.7||94.3||-3.48%|
|Table 1. Recent changes in gross profit of Banco Santander (Suisse) SA (mln CHF).|
In 2014 annual profit of Banco Santander (Suisse) SA was 39.20 mln CHF. Decline compared to the previous period (2013) was -21.60%.
|Number of Employees (2014)|
In 2014 there were 141 employees of Banco Santander (Suisse) SA. Growth compared to the previous period (2013) was 1.44%.
|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 Banco Santander (Suisse) SA 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|
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 Banco Santander (Suisse) SA and its components are shown in the table below.
|Bank BIC Code||BSCH|
|Country Code||CH (Switzerland)|
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.
Banco Santander (Suisse) SA operates under the brand name Banco Santander. This banking brand has presence in the following European countries and selected dependent territories of the European countries: