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).

Address
Rue du Mont-Blanc 12, 1211, Genève, Switzerland
P.O. Box
1449
Phone
022 839 19 19
Fax
022 839 19 00
Bank Category
Foreign-controlled banks
Start Date
1987
Total Assets (2015)
584.22 mln CHF  (-0.56%)
Number of Employees (2015)
54  (-7.24%)
Deposit Guarantee
100 000 CHF
BIC (SWIFT)
FSUICHGGXXX
Company Number
CHE-106.209.912

Business Summary

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

Financial Positions

Total Assets (2015)
584.22 mln CHF  (-0.56%)
Assets Under Management (2015)
1 232.80 mln CHF  (-5.21%)

In 2015 total assets of Credit Europe Bank (Suisse) SA were 584.22 mln CHF. Decline compared to the previous period (2014) was -0.56%. 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 2015 assets under management of Credit Europe Bank (Suisse) SA were 1 232.80 mln CHF. Decline compared to the previous period (2014) was -5.21%. 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 (2015)
11.20 mln CHF  (-26.32%)
Annual Profit (2015)
3.70 mln CHF  (-27.45%)

In 2015 gross profit of Credit Europe Bank (Suisse) SA was 11.20 mln CHF. Decline compared to the previous period (2014) was -26.32%. 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.

2014 2015 % change
Net Interest Income 19.1 17.5 -8.38%
Net Commission Income 8.5 6.5 -23.53%
Net Income from Trading Operations 2.3 1.9 -17.39%
Net Income from Banking Operations 29.9 25.9 -13.38%
Gross Profit 15.2 11.2 -26.32%
Table 1. Recent changes in gross profit of Credit Europe Bank (Suisse) SA (mln CHF).

In 2015 annual profit of Credit Europe Bank (Suisse) SA was 3.70 mln CHF. Decline compared to the previous period (2014) was -27.45%. 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.

Market Position and Market Share (among banks in Switzerland)

Total Assets (2015)
153rd (market share 0.02%)

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

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 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

This bank operates 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)