EFG Bank European Financial Group SA

EFG Bank European Financial Group SA is a holding company, performing administrative tasks associated with the regulatory supervision and, and also a bank, providing classical private banking services.

EFG Bank European Financial Group SA is the 119th largest bank in Switzerland in terms of total assets. In 2016 its total assets were 1 077,21 mln CHF, providing the bank with the market share of 0.03%. EFG Bank European Financial Group SA is the 36th largest foreign-controlled bank in Switzerland (out of 81 banks) having market share of 0.44% amongst the banks of this category.

EFG Bank European Financial Group SA participates in deposit guarantee scheme of Switzerland. This scheme covers accounts up to 100 000 CHF per bank per depositor.

EFG Bank European Financial Group SA is headquartered in Genève.

Address
24, Quai du Seujet, 1211, Genève, Switzerland
Phone
022 906 72 72
Fax
022 906 72 73
Bank Category
Foreign-controlled banks
Start Date
1921
Total Assets (2016)
1 077.21 mln CHF  (+41.90%)
Number of Employees (2016)
Deposit Guarantee
100 000 CHF
BIC (SWIFT)
EFGBCHGGXXX
Company Number
CHE-101.681.041

Financial Positions

Total Assets (2016)
1 077.21 mln CHF  (+41.90%)
Assets Under Management (2016)
522.70 mln CHF  (-7.08%)

In 2016 total assets of EFG Bank European Financial Group SA were 1 077.21 mln CHF. Growth compared to the previous period (2015) was 41.90%. The evolution of the total assets of EFG Bank European Financial Group SA is shown at Chart 1 below.

Total Assets of EFG Bank European Financial Group SA. Chart 1. Total Assets of EFG Bank European Financial Group SA.

In 2016 assets under management of EFG Bank European Financial Group SA were 522.70 mln CHF. Decline compared to the previous period (2015) was -7.08%.

Profit and Loss

Gross Profit (2016)
12.40 mln CHF  (-15.65%)
Annual Profit (2016)
11.60 mln CHF  (+0.87%)

In 2016 gross profit of EFG Bank European Financial Group SA was 12.40 mln CHF. Decline compared to the previous period (2015) was -15.65%.

Recent changes in gross profit of EFG Bank European Financial Group SA and its main components are shown in Table 1.

2015 2016 % change
Net Interest Income -0.7 -0.8 +14.29%
Net Commission Income 1.0 0.5 -50.00%
Net Income from Trading Operations 1.0 1.2 +20.00%
Net Income from Banking Operations 21.0 21.0 0.00%
Gross Profit 14.7 12.4 -15.65%
Table 1. Recent changes in gross profit of EFG Bank European Financial Group SA (mln CHF).

In 2016 annual profit of EFG Bank European Financial Group SA was 11.60 mln CHF. Growth compared to the previous period (2015) was 0.87%.

Market Position and Market Share (among banks in Switzerland)

Total Assets (2016)
119th (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 EFG Bank European Financial Group 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 EFG Bank European Financial Group SA and its components are shown in the table below.

BIC  EFGBCHGGXXX
Bank BIC Code  EFGB
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-101.681.041

European Presence: 2 banks in 2 countries

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

Monaco

Switzerland

  •  (this bank) EFG Bank European Financial Group SA (Genève)