Credit Europe Bank (Suisse) SA

Credit Europe Bank is headquartered in the Netherlands. Credit Europe Bank provides simple, transparent and competitive products to its clients. The bank specializes in offering its corporate customers a wide range of banking products, including international trade and commodity finance, project finance and working capital loans. Credit Europe Bank also offers banking products to retail and SME customers. Credit Europe Bank (Suisse) SA operates as a subsidiary of Credit Europe Bank N.V. (Netherlands).

Bank Category

Foreign-controlled banks

Services

Retail Banking
Corporate Banking

Financials

Total Assets (2017)
387.35 mln CHF  (-36.63%)
Number of Employees (2016)
56  (+4.09%)

In 2017 total assets of Credit Europe Bank (Suisse) SA were 387,35 mln CHF. Credit Europe Bank (Suisse) SA had 56 employees in 2016.

Credit Europe Bank (Suisse) SA participates in deposit guarantee scheme of Switzerland. This scheme covers accounts up to 100 000 CHF per bank per depositor.

Contacts

Rue du Mont-Blanc 12, 1211, Genève, Switzerland
1449
022 839 19 19
022 839 19 00

Credit Europe Bank (Suisse) SA is headquartered in Genève.

Bank Identifiers

BIC (SWIFT)
FSUICHGGXXX
Company Number
CHE-106.209.912
Founded
1987

Business Summary

Services
retail banking
corporate banking
Products
savings accounts
time deposit accounts
international trade
commodity finance
project finance
working capital loans

Credit Europe Bank (Suisse) SA provides products and services in the areas of retail banking, corporate banking. The range of products offered by Credit Europe Bank (Suisse) SA includes savings accounts, time deposit accounts, international trade, commodity finance, project finance, working capital loans.

Financial Positions

Total Assets (2017)
387.35 mln CHF  (-36.63%)
Assets Under Management (2016)
1 181.70 mln CHF  (-4.15%)

In 2017 total assets of Credit Europe Bank (Suisse) SA were 387.35 mln CHF. Decline compared to the previous period (2016) was -36.63%. The evolution of the total assets of Credit Europe Bank (Suisse) SA is shown at Chart 1 below.

Total Assets of Credit Europe Bank (Suisse) SA.

Chart 1. Total Assets of Credit Europe Bank (Suisse) SA.

In 2016 assets under management of Credit Europe Bank (Suisse) SA were 1 181.70 mln CHF. Decline compared to the previous period (2015) was -4.15%. The evolution of the assets under management of Credit Europe Bank (Suisse) SA is shown at Chart 2 below.

Assets Under Management of Credit Europe Bank (Suisse) SA.

Chart 2. Assets Under Management of Credit Europe Bank (Suisse) SA.

Profit and Loss

Gross Profit (2016)
9.60 mln CHF  (-14.29%)
Annual Profit (2016)
4.80 mln CHF  (+29.73%)

In 2016 gross profit of Credit Europe Bank (Suisse) SA was 9.60 mln CHF. Decline compared to the previous period (2015) was -14.29%. The evolution of the gross profit of Credit Europe Bank (Suisse) SA is shown at Chart 3 below.

Gross Profit of Credit Europe Bank (Suisse) SA.

Chart 3. Gross Profit of Credit Europe Bank (Suisse) SA.

Recent changes in gross profit of Credit Europe Bank (Suisse) SA and its main components are shown in Table 1.

2015 2016 % change
Net Interest Income 17.5 16.7 -4.57%
Net Commission Income 6.5 5.1 -21.54%
Net Income from Trading Operations 4.1 4.2 +2.44%
Net Income from Banking Operations 25.9 26.0 +0.39%
Gross Profit 11.2 9.6 -14.29%
Table 1. Recent changes in gross profit of Credit Europe Bank (Suisse) SA (mln CHF).

In 2016 annual profit of Credit Europe Bank (Suisse) SA was 4.80 mln CHF. Growth compared to the previous period (2015) was 29.73%. The evolution of the annual profit of Credit Europe Bank (Suisse) SA is shown at Chart 4 below.

Annual Profit of Credit Europe Bank (Suisse) SA.

Chart 4. Annual Profit of Credit Europe Bank (Suisse) SA.

Number of Employees

Number of Employees (2016)
56  (+4.09%)

In 2016 there were 56 employees of Credit Europe Bank (Suisse) SA. Growth compared to the previous period (2015) was 4.09%. The evolution of the number of employees of Credit Europe Bank (Suisse) SA is shown at Chart 5 below.

Number of Employees of Credit Europe Bank (Suisse) SA.

Chart 5. Number of Employees of Credit Europe Bank (Suisse) SA.

Market Share and Rank (among banks in Switzerland)

Total Assets (2016)
153rd (market share 0.02%)

In 2016 Credit Europe Bank (Suisse) SA was ranked the 153rd largest bank in Switzerland in terms of total assets, having 0.02% of the domestic market share.

Market share of Credit Europe Bank (Suisse) SA (among banks in Switzerland)

Chart 6. Market share of Credit Europe Bank (Suisse) SA (among banks in Switzerland)

Several banks having the market shares and ranks closest to Credit Europe Bank (Suisse) SA are shown below.

RankNameTotal AssetsMarket Share
152 HINDUJA BANQUE (SUISSE) SA619.74 mln CHF0.02%
153 Credit Europe Bank (Suisse) SA611.28 mln CHF0.02%
154 BANQUE HERITAGE SA600.43 mln CHF0.02%
 

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

Total Assets (2016)
46th (market share 0.25%)

In 2016 Credit Europe Bank (Suisse) SA was ranked the 46th largest foreign-controlled bank in Switzerland in terms of total assets, having 0.25% of the category's market share.

Market share of Credit Europe Bank (Suisse) SA (among Foreign-controlled banks in Switzerland)

Chart 7. Market share of Credit Europe Bank (Suisse) SA (among Foreign-controlled banks in Switzerland)

Several foreign-controlled banks having the market shares and ranks closest to Credit Europe Bank (Suisse) SA are shown below.

RankNameTotal AssetsMarket Share
45 HINDUJA BANQUE (SUISSE) SA619.74 mln CHF0.25%
46 Credit Europe Bank (Suisse) SA611.28 mln CHF0.25%
47 BANQUE HERITAGE SA600.43 mln CHF0.24%
 

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 Credit Europe Bank (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)
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 Credit Europe Bank (Suisse) SA and its components are shown in the table below.

BIC  FSUICHGGXXX
Bank BIC Code  FSUI
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-106.209.912

European Presence: 6 banks in 6 countries

Credit Europe Bank (Suisse) SA operates under the brand name Credit Europe. This banking brand has presence in the following European countries and selected dependent territories of the European countries:

Belgium

Germany

Malta

Netherlands

Romania

Switzerland

  •  (this bank) Credit Europe Bank (Suisse) SA (Genève)