SOCIETE GENERALE Private Banking (Suisse) SA

Société Générale Private Banking is a division of Société Générale Group (France) offering private banking and wealth management products and services.

SOCIETE GENERALE Private Banking (Suisse) SA is the 53rd largest bank in Switzerland in terms of total assets. In 2016 its total assets were 5 475,91 mln CHF, providing the bank with the market share of 0.18%. SOCIETE GENERALE Private Banking (Suisse) SA is the 12th largest foreign-controlled bank in Switzerland (out of 81 banks) having market share of 2.21% amongst the banks of this category.

SOCIETE GENERALE Private Banking (Suisse) SA participates in deposit guarantee scheme of Switzerland. This scheme covers accounts up to 100 000 CHF per bank per depositor.

SOCIETE GENERALE Private Banking (Suisse) SA is headquartered in Genève.

Address
Genève, Switzerland
Member of Group
 Société Générale (France)
Bank Category
Foreign-controlled banks
Start Date
1987
Total Assets (2016)
5 475.91 mln CHF  (-6.86%)
Number of Employees (2016)
442  (-6.75%)
Deposit Guarantee
100 000 CHF
Company Number
CHE-106.112.460

Financial Positions

Total Assets (2016)
5 475.91 mln CHF  (-6.86%)
Assets Under Management (2016)
12 276.80 mln CHF  (-31.87%)

In 2016 total assets of SOCIETE GENERALE Private Banking (Suisse) SA were 5 475.91 mln CHF. Decline compared to the previous period (2015) was -6.86%. The evolution of the total assets of SOCIETE GENERALE Private Banking (Suisse) SA is shown at Chart 1 below.

Total Assets of SOCIETE GENERALE Private Banking (Suisse) SA. Chart 1. Total Assets of SOCIETE GENERALE Private Banking (Suisse) SA.

In 2016 assets under management of SOCIETE GENERALE Private Banking (Suisse) SA were 12 276.80 mln CHF. Decline compared to the previous period (2015) was -31.87%. The evolution of the assets under management of SOCIETE GENERALE Private Banking (Suisse) SA is shown at Chart 2 below.

Assets Under Management of SOCIETE GENERALE Private Banking (Suisse) SA. Chart 2. Assets Under Management of SOCIETE GENERALE Private Banking (Suisse) SA.

Profit and Loss

Gross Profit (2016)
24.10 mln CHF  (+18.72%)
Annual Profit (2016)
42.70 mln CHF  (+157.23%)

In 2016 gross profit of SOCIETE GENERALE Private Banking (Suisse) SA was 24.10 mln CHF. Growth compared to the previous period (2015) was 18.72%. The evolution of the gross profit of SOCIETE GENERALE Private Banking (Suisse) SA is shown at Chart 3 below.

Gross Profit of SOCIETE GENERALE Private Banking (Suisse) SA. Chart 3. Gross Profit of SOCIETE GENERALE Private Banking (Suisse) SA.

Recent changes in gross profit of SOCIETE GENERALE Private Banking (Suisse) SA and its main components are shown in Table 1.

2015 2016 % change
Net Interest Income 41.3 36.8 -10.90%
Net Commission Income 111.6 68.9 -38.26%
Net Income from Trading Operations 28.7 13.3 -53.66%
Net Income from Banking Operations 196.8 193.1 -1.88%
Gross Profit 20.3 24.1 +18.72%
Table 1. Recent changes in gross profit of SOCIETE GENERALE Private Banking (Suisse) SA (mln CHF).

In 2016 annual profit of SOCIETE GENERALE Private Banking (Suisse) SA was 42.70 mln CHF. Growth compared to the previous period (2015) was 157.23%. The evolution of the annual profit of SOCIETE GENERALE Private Banking (Suisse) SA is shown at Chart 4 below.

Annual Profit of SOCIETE GENERALE Private Banking (Suisse) SA. Chart 4. Annual Profit of SOCIETE GENERALE Private Banking (Suisse) SA.

Market Position and Market Share (among banks in Switzerland)

Total Assets (2016)
53rd (market share 0.18%)

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 SOCIETE GENERALE Private Banking (Suisse) 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.

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-106.112.460

European Presence: 2 banks in 2 countries

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

Belgium

Switzerland

  •  (this bank) SOCIETE GENERALE Private Banking (Suisse) SA (Genève)