Founded in 1873 in Switzerland, BSI Bank is an international bank specializing in wealth management. Since 2015 BSI Bank is a member of BGT Pactual Group (Brazil).
BSI SA is the 39th largest bank in Switzerland in terms of total assets. In 2016 its total assets were 12 956,31 mln CHF, providing the bank with the market share of 0.42%. BSI SA is the 6th largest foreign-controlled bank in Switzerland (out of 81 banks) having market share of 5.23% amongst the banks of this category.
BSI SA is rated by Moody's. Long-term credit rating assigned to the bank by Moody's is A3 (upper medium grade). BSI SA participates in deposit guarantee scheme of Switzerland. This scheme covers accounts up to 100 000 CHF per bank per depositor.
BSI SA is headquartered in Lugano.
|Total Assets (2016)|
|12 956.31 mln CHF (-29.15%)|
|Assets Under Management (2014)|
|92 329.70 mln CHF (+3.30%)|
In 2016 total assets of BSI SA were 12 956.31 mln CHF. Decline compared to the previous period (2015) was -29.15%. The evolution of the total assets of BSI SA is shown at Chart 1 below.
Chart 1. Total Assets of BSI SA.
In 2014 assets under management of BSI SA were 92 329.70 mln CHF. Growth compared to the previous period (2013) was 3.30%.
|Gross Profit (2014)|
|172.80 mln CHF (-12.11%)|
|Annual Profit (2014)|
|2.30 mln CHF|
In 2014 gross profit of BSI SA was 172.80 mln CHF. Decline compared to the previous period (2013) was -12.11%.
Recent changes in gross profit of BSI SA and its main components are shown in Table 1.
|Net Interest Income||191.1||197.0||+3.09%|
|Net Commission Income||504.1||512.9||+1.75%|
|Net Income from Trading Operations||148.1||149.3||+0.81%|
|Net Income from Banking Operations||863.1||871.4||+0.96%|
|Table 1. Recent changes in gross profit of BSI SA (mln CHF).|
In 2014 annual profit of BSI SA was 2.30 mln CHF. Decline compared to the previous period (2013) was -100.32%.
|- (not rated)||A3 (upper medium grade)|
Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government. BSI SA is rated by Moody's.
Credit ratings assigned to BSI SA as of April 2016 are shown in details in the following sections.
Long-term rating for BSI SA it is set to A3 (upper medium grade). Long-term bank deposit rating is A3 (upper medium grade). Bank financial strength rating is baa2. Short-term rating is not assigned.
|Long-Term Bank Deposit Rating||A3|
|Bank Financial Strength Rating||baa2|
|Outlook||ratings under review|
Outlook for the ratings of BSI SA is set to ratings under review (an issuer has one or more ratings under review, and thus overrides the outlook designation).
|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 BSI 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)|
|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 BSI SA and its components are shown in the table below.
|Bank BIC Code||BSIL|
|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.