NBK Private Bank (Switzerland) Ltd

Address
Quai du Mont-Blanc 21, 1211, Genève, Switzerland
P.O. Box
1923
Phone
022 906 43 43
Fax
022 906 43 99
Bank Category
Foreign-controlled banks
Start Date
1999
Total Assets (2015)
598.33 mln CHF  (-7.65%)
Number of Employees (2015)
41  (+2.49%)
Deposit Guarantee
100 000 CHF
BIC (SWIFT)
NBOKCHGGXXX
Company Number
CHE-103.238.774

Financial Positions

Total Assets (2015)
598.33 mln CHF  (-7.65%)
Assets Under Management (2015)
5 009.10 mln CHF  (+2.47%)

In 2015 total assets of NBK Private Bank (Switzerland) Ltd were 598.33 mln CHF. Decline compared to the previous period (2014) was -7.65%. The evolution of the total assets of NBK Private Bank (Switzerland) Ltd is shown at Chart 1 below.

Total Assets of NBK Private Bank (Switzerland) Ltd. Chart 1. Total Assets of NBK Private Bank (Switzerland) Ltd.

In 2015 assets under management of NBK Private Bank (Switzerland) Ltd were 5 009.10 mln CHF. Growth compared to the previous period (2014) was 2.47%. The evolution of the assets under management of NBK Private Bank (Switzerland) Ltd is shown at Chart 2 below.

Assets Under Management of NBK Private Bank (Switzerland) Ltd. Chart 2. Assets Under Management of NBK Private Bank (Switzerland) Ltd.

Profit and Loss

Gross Profit (2015)
4.30 mln CHF  (+4.88%)
Annual Profit (2015)
2.70 mln CHF  (-12.90%)

In 2015 gross profit of NBK Private Bank (Switzerland) Ltd was 4.30 mln CHF. Growth compared to the previous period (2014) was 4.88%. The evolution of the gross profit of NBK Private Bank (Switzerland) Ltd is shown at Chart 3 below.

Gross Profit of NBK Private Bank (Switzerland) Ltd. Chart 3. Gross Profit of NBK Private Bank (Switzerland) Ltd.

Recent changes in gross profit of NBK Private Bank (Switzerland) Ltd and its main components are shown in Table 1.

2014 2015 % change
Net Interest Income 3.5 3.9 +11.43%
Net Commission Income 17.4 17.1 -1.72%
Net Income from Trading Operations 1.0 0.6 -40.00%
Net Income from Banking Operations 21.8 22.0 +0.92%
Gross Profit 4.1 4.3 +4.88%
Table 1. Recent changes in gross profit of NBK Private Bank (Switzerland) Ltd (mln CHF).

In 2015 annual profit of NBK Private Bank (Switzerland) Ltd was 2.70 mln CHF. Decline compared to the previous period (2014) was -12.90%. The evolution of the annual profit of NBK Private Bank (Switzerland) Ltd is shown at Chart 4 below.

Annual Profit of NBK Private Bank (Switzerland) Ltd. Chart 4. Annual Profit of NBK Private Bank (Switzerland) Ltd.

Market Position and Market Share (among banks in Switzerland)

Total Assets (2015)
151st (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 NBK Private Bank (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)
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 NBK Private Bank (Switzerland) Ltd and its components are shown in the table below.

BIC  NBOKCHGGXXX
Bank BIC Code  NBOK
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-103.238.774