Standard Chartered Bank (Switzerland) SA

Business Focus
corporate and investment banking

Standard Chartered Bank (Switzerland) SA was closed after failing to attract a buyer. The bank is in liquidation. Selling the bank was planned to shed non-core businesses and to focus on Asia, Africa and the Middle East.

Bank Category

Foreign-controlled banks

Financials

Total Assets (2013)
735.14 mln CHF  (+95.48%)
Annual Profit (2013)
-8,500,000.00 CHF
Number of Employees (2013)
74

Standard Chartered Bank (Switzerland) SA was the 144th largest bank in Switzerland in terms of total assets. In 2013 its total assets were 735,14 mln CHF, providing the bank with the market share of 0.02%. Standard Chartered Bank (Switzerland) SA was the 47th largest foreign-controlled bank in Switzerland (out of 93 foreign-controlled banks) having market share of 0.27% amongst the banks of this category. In 2013 the bank's annual profit was -8,50 mln CHF. Standard Chartered Bank (Switzerland) SA had 74 employees in 2013.

Deposit Guarantee

Protected Amount
up to 100,000 CHF
Guarantee Fund
esisuisse – Deposit Insurance
Covered Depositors
private individuals (Swiss and foreign)
legal entities (Swiss and foreign)
Covered Accounts
credit balances

Standard Chartered Bank (Switzerland) SA 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. Standard Chartered Bank (Switzerland) SA is a member of esisuisse – Deposit Insurance and makes its contributions into it.

Standard Chartered Bank (Switzerland) SA is a member of Standard Chartered (United Kingdom).

Contacts

Genève, Switzerland

Standard Chartered Bank (Switzerland) SA was headquartered in Genève.

Bank Identifiers

LEI
5493007C4XBAPJ574F05

Bank History

Founded
1990
Closed
2014

Similar Banks

KBL (SWITZERLAND) LTD
private banking, asset management
Credit Europe Bank (Suisse) SA
retail and corporate banking
Goldman Sachs Bank AG
investment banking