FAISAL PRIVATE BANK (Switzerland) SA

Faisal Private Bank was converted into a family office. The family office manages investments for a single family, with the capital of the firm based upon that family's own cash. The conversion was aimed to protect clients' and shareholders' interests and allow parent firm Ithmaar Bank to focus on its core retail and commercial business.

Bank Category

Foreign-controlled banks

Business Focus

family office

FAISAL PRIVATE BANK (Switzerland) SA participates in deposit guarantee scheme of Switzerland. This scheme covers accounts up to 100,000 CHF per bank per depositor.

Contacts

Genève, Switzerland

FAISAL PRIVATE BANK (Switzerland) SA was headquartered in Genève.

Bank History

Founded
1980
Closed
2013

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