BLOM BANK (Switzerland) SA

Founded in 1951, BLOM Bank is one of the largest banks in Lebanon. BLOM Bank operates as a universal bank offering products and services in the areas of commercial banking, corporate banking, private banking, investment banking, asset management, retail banking, Islamic banking, brokerage services, and insurance.

Address
Rue de la Rôtisserie 1, 1211, Genève, Switzerland
P.O. Box
3040
Phone
022 817 71 00
Fax
022 817 71 90
Bank Category
Foreign-controlled banks
Start Date
1979
Total Assets (2015)
779.40 mln CHF  (+5.24%)
Number of Employees (2015)
22  (+10.00%)
Deposit Guarantee
100 000 CHF
BIC (SWIFT)
BLOMCHGGXXX
Company Number
CHE-107.951.954

Financial Positions

Total Assets (2015)
779.40 mln CHF  (+5.24%)
Assets Under Management (2015)
1 461.80 mln CHF  (+0.97%)

In 2015 total assets of BLOM BANK (Switzerland) SA were 779.40 mln CHF. Growth compared to the previous period (2014) was 5.24%. The evolution of the total assets of BLOM BANK (Switzerland) SA is shown at Chart 1 below.

Total Assets of BLOM BANK (Switzerland) SA. Chart 1. Total Assets of BLOM BANK (Switzerland) SA.

In 2015 assets under management of BLOM BANK (Switzerland) SA were 1 461.80 mln CHF. Growth compared to the previous period (2014) was 0.97%. The evolution of the assets under management of BLOM BANK (Switzerland) SA is shown at Chart 2 below.

Assets Under Management of BLOM BANK (Switzerland) SA. Chart 2. Assets Under Management of BLOM BANK (Switzerland) SA.

Profit and Loss

Gross Profit (2015)
8.10 mln CHF  (+68.75%)
Annual Profit (2015)
5.80 mln CHF  (+75.76%)

In 2015 gross profit of BLOM BANK (Switzerland) SA was 8.10 mln CHF. Growth compared to the previous period (2014) was 68.75%. The evolution of the gross profit of BLOM BANK (Switzerland) SA is shown at Chart 3 below.

Gross Profit of BLOM BANK (Switzerland) SA. Chart 3. Gross Profit of BLOM BANK (Switzerland) SA.

Recent changes in gross profit of BLOM BANK (Switzerland) SA and its main components are shown in Table 1.

2014 2015 % change
Net Interest Income 3.1 5.2 +67.74%
Net Commission Income 5.0 5.4 +8.00%
Net Income from Trading Operations 3.5 4.8 +37.14%
Net Income from Banking Operations 11.7 15.5 +32.48%
Gross Profit 4.8 8.1 +68.75%
Table 1. Recent changes in gross profit of BLOM BANK (Switzerland) SA (mln CHF).

In 2015 annual profit of BLOM BANK (Switzerland) SA was 5.80 mln CHF. Growth compared to the previous period (2014) was 75.76%. The evolution of the annual profit of BLOM BANK (Switzerland) SA is shown at Chart 4 below.

Annual Profit of BLOM BANK (Switzerland) SA. Chart 4. Annual Profit of BLOM BANK (Switzerland) SA.

Market Position and Market Share (among banks in Switzerland)

Total Assets (2015)
130th (market share 0.03%)

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 BLOM BANK (Switzerland) 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)
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 BLOM BANK (Switzerland) SA and its components are shown in the table below.

BIC  BLOMCHGGXXX
Bank BIC Code  BLOM
Country Code  CH (Switzerland)
Location Code  GG
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-107.951.954

European Presence: 5 banks in 5 countries

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

Cyprus

France

Romania

Switzerland

  •  (this bank) BLOM BANK (Switzerland) SA (Genève)

United Kingdom