Following the conclusion of an asset deal with Hyposwiss Private Bank Genève SA and the transfer of its customers in February 2016, IDB (Swiss) Bank Ltd entered into voluntary liquidation.
IDB (Swiss) Bank Ltd was the 166th largest bank in Switzerland in terms of total assets. In 2015 its total assets were 497,66 mln CHF, providing the bank with the market share of 0.02%. IDB (Swiss) Bank Ltd was the 53rd largest foreign-controlled bank in Switzerland (out of 85 foreign-controlled banks) having market share of 0.19% amongst the banks of this category. In 2014 the bank's annual profit was -500 000,00 CHF. IDB (Swiss) Bank Ltd had 34 employees in 2014.
IDB (Swiss) Bank Ltd participates in the deposit guarantee scheme of Switzerland. This deposit guarantee scheme applies to credit balances made by private individuals (Swiss and foreign), legal entities (Swiss and foreign) and covers up to up to 100,000 CHF per bank per depositor. IDB (Swiss) Bank Ltd is a member of esisuisse – Deposit Insurance (ESI) and makes its contributions into it.
IDB (Swiss) Bank Ltd was headquartered in Genève.
IDB (Swiss) Bank Ltd was authorized and supervised by the Swiss Financial Market Supervisory Authority.