In 2015 KBL (SWITZERLAND) LTD was integrated into Banque Internationale à Luxembourg (Suisse) SA.
KBL (SWITZERLAND) LTD was the 132nd largest bank in Switzerland in terms of total assets. In 2014 its total assets were 931,23 mln CHF, providing the bank with the market share of 0.03%. KBL (SWITZERLAND) LTD was the 41st largest foreign-controlled bank in Switzerland (out of 90 foreign-controlled banks) having market share of 0.32% amongst the banks of this category. In 2014 the bank's annual profit was -17,50 mln CHF. KBL (SWITZERLAND) LTD had 104 employees in 2014.
KBL (SWITZERLAND) LTD participates in deposit guarantee scheme of Switzerland. This scheme covers accounts up to 100 000 CHF per bank per depositor.
KBL (SWITZERLAND) LTD was headquartered in Genève 11.
|Total Assets (2014)|
|931.23 mln CHF (+26.42%)|
|Assets Under Management (2014)|
|2 706.50 mln CHF (-10.68%)|
In 2014 total assets of KBL (SWITZERLAND) LTD were 931.23 mln CHF. Growth compared to the previous period (2013) was 26.42%. The evolution of the total assets of KBL (SWITZERLAND) LTD is shown at Chart 1 below.
Chart 1. Total Assets of KBL (SWITZERLAND) LTD.
In 2014 assets under management of KBL (SWITZERLAND) LTD were 2 706.50 mln CHF. Decline compared to the previous period (2013) was -10.68%.
|Gross Profit (2014)|
|24.70 mln CHF (-15.12%)|
|Operating Income (2014)|
|-5 500 000.00 CHF (+685.71%)|
|Annual Profit (2014)|
|-17 500 000.00 CHF (-11.17%)|
In 2014 gross profit of KBL (SWITZERLAND) LTD was 24.70 mln CHF. Decline compared to the previous period (2013) was -15.12%.
Recent changes in gross profit of KBL (SWITZERLAND) LTD and its main components are shown in Table 1.
|Net Interest Income||1.2||1.1||-8.33%|
|Net Commission Income||25.0||21.2||-15.20%|
|Net Income from Trading Operations||2.9||2.4||-17.24%|
|Table 1. Recent changes in gross profit of KBL (SWITZERLAND) LTD (mln CHF).|
In 2014 annual profit of KBL (SWITZERLAND) LTD was -17 500 000.00 CHF. Decline compared to the previous period (2013) was -11.17%.
|Number of Employees (2014)|
In 2014 there were 104 employees of KBL (SWITZERLAND) LTD. Growth compared to the previous period (2013) was 1.26%.
|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 KBL (SWITZERLAND) LTD 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)|
|Maximum Protected Amount||100 000 CHF|
|Paid In Currency||CHF|
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 KBL (SWITZERLAND) LTD and its components are shown in the table below.
|Bank BIC Code||KSUI|
|Country Code||CH (Switzerland)|
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.
KBL (SWITZERLAND) LTD operated under the brand name KBL Swiss Private Banking. This banking brand has presence in the following European countries and selected dependent territories of the European countries: