Banca Popolare di Sondrio (Suisse) SA

Established in 1871, Banca Popolare di Sondrio is an Italian cooperative bank offering retail banking products and services to individuals, families, professionals, small and large companies, and public institutions.

Bank Category

Foreign-controlled banks

Financials

Total Assets (2017)
5 079.26 mln CHF  (+1.46%)
Number of Employees (2016)
293  (+1.10%)

In 2017 total assets of Banca Popolare di Sondrio (Suisse) SA were 5 079,26 mln CHF. Banca Popolare di Sondrio (Suisse) SA had 293 employees in 2016.

Banca Popolare di Sondrio (Suisse) SA participates in deposit guarantee scheme of Switzerland. This scheme covers accounts up to 100 000 CHF per bank per depositor.

Contacts

6901, Lugano, Switzerland
5832
091 973 36 00
091 695 82 92

Banca Popolare di Sondrio (Suisse) SA is headquartered in Lugano.

Bank Identifiers

BIC (SWIFT)
POSOCH22XXX
Company Number
CHE-106.128.449
Founded
1995

Financial Positions

Total Assets (2017)
5 079.26 mln CHF  (+1.46%)
Assets Under Management (2016)
5 460.20 mln CHF  (-1.71%)

In 2017 total assets of Banca Popolare di Sondrio (Suisse) SA were 5 079.26 mln CHF. Growth compared to the previous period (2016) was 1.46%. The evolution of the total assets of Banca Popolare di Sondrio (Suisse) SA is shown at Chart 1 below.

Total Assets of Banca Popolare di Sondrio (Suisse) SA.

Chart 1. Total Assets of Banca Popolare di Sondrio (Suisse) SA.

In 2016 assets under management of Banca Popolare di Sondrio (Suisse) SA were 5 460.20 mln CHF. Decline compared to the previous period (2015) was -1.71%. The evolution of the assets under management of Banca Popolare di Sondrio (Suisse) SA is shown at Chart 2 below.

Assets Under Management of Banca Popolare di Sondrio (Suisse) SA.

Chart 2. Assets Under Management of Banca Popolare di Sondrio (Suisse) SA.

Profit and Loss

Gross Profit (2016)
20.30 mln CHF  (-17.48%)
Annual Profit (2016)
12.10 mln CHF  (-14.18%)

In 2016 gross profit of Banca Popolare di Sondrio (Suisse) SA was 20.30 mln CHF. Decline compared to the previous period (2015) was -17.48%. The evolution of the gross profit of Banca Popolare di Sondrio (Suisse) SA is shown at Chart 3 below.

Gross Profit of Banca Popolare di Sondrio (Suisse) SA.

Chart 3. Gross Profit of Banca Popolare di Sondrio (Suisse) SA.

Recent changes in gross profit of Banca Popolare di Sondrio (Suisse) SA and its main components are shown in Table 1.

2015 2016 % change
Net Interest Income 29.3 39.1 +33.45%
Net Commission Income 33.0 25.1 -23.94%
Net Income from Trading Operations 29.1 21.9 -24.74%
Net Income from Banking Operations 90.8 86.3 -4.96%
Gross Profit 24.6 20.3 -17.48%
Table 1. Recent changes in gross profit of Banca Popolare di Sondrio (Suisse) SA (mln CHF).

In 2016 annual profit of Banca Popolare di Sondrio (Suisse) SA was 12.10 mln CHF. Decline compared to the previous period (2015) was -14.18%. The evolution of the annual profit of Banca Popolare di Sondrio (Suisse) SA is shown at Chart 4 below.

Annual Profit of Banca Popolare di Sondrio (Suisse) SA.

Chart 4. Annual Profit of Banca Popolare di Sondrio (Suisse) SA.

Number of Employees

Number of Employees (2016)
293  (+1.10%)

In 2016 there were 293 employees of Banca Popolare di Sondrio (Suisse) SA. Growth compared to the previous period (2015) was 1.10%. The evolution of the number of employees of Banca Popolare di Sondrio (Suisse) SA is shown at Chart 5 below.

Number of Employees of Banca Popolare di Sondrio (Suisse) SA.

Chart 5. Number of Employees of Banca Popolare di Sondrio (Suisse) SA.

Market Share and Rank (among banks in Switzerland)

Total Assets (2016)
58th (market share 0.16%)

In 2016 Banca Popolare di Sondrio (Suisse) SA was ranked the 58th largest bank in Switzerland in terms of total assets, having 0.16% of the domestic market share.

Market share of Banca Popolare di Sondrio (Suisse) SA (among banks in Switzerland)

Chart 6. Market share of Banca Popolare di Sondrio (Suisse) SA (among banks in Switzerland)

Several banks having the market shares and ranks closest to Banca Popolare di Sondrio (Suisse) SA are shown below.

RankNameTotal AssetsMarket Share
57 Habib Bank AG Zürich5011.26 mln CHF0.16%
58 Banca Popolare di Sondrio (Suisse) SA5006.38 mln CHF0.16%
59 Hypothekarbank Lenzburg AG4939.63 mln CHF0.16%
 

Market Share and Rank (among Foreign-controlled banks in Switzerland)

Total Assets (2016)
15th (market share 2.02%)

In 2016 Banca Popolare di Sondrio (Suisse) SA was ranked the 15th largest foreign-controlled bank in Switzerland in terms of total assets, having 2.02% of the category's market share.

Market share of Banca Popolare di Sondrio (Suisse) SA (among Foreign-controlled banks in Switzerland)

Chart 7. Market share of Banca Popolare di Sondrio (Suisse) SA (among Foreign-controlled banks in Switzerland)

Several foreign-controlled banks having the market shares and ranks closest to Banca Popolare di Sondrio (Suisse) SA are shown below.

RankNameTotal AssetsMarket Share
14 Habib Bank AG Zürich5011.26 mln CHF2.02%
15 Banca Popolare di Sondrio (Suisse) SA5006.38 mln CHF2.02%
16 Banque de Commerce et de Placements SA4647.70 mln CHF1.88%
 

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 Banca Popolare di Sondrio (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

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 Banca Popolare di Sondrio (Suisse) SA and its components are shown in the table below.

BIC  POSOCH22XXX
Bank BIC Code  POSO
Country Code  CH (Switzerland)
Location Code  22
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-106.128.449

European Presence: 3 banks in 3 countries

Banca Popolare di Sondrio (Suisse) SA operates under the brand name Banca Popolare di Sondrio. This banking brand has presence in the following European countries and selected dependent territories of the European countries:

Italy

Monaco

Switzerland

  •  (this bank) Banca Popolare di Sondrio (Suisse) SA (Lugano)