SOCIETE GENERALE Private Banking (Lugano-Svizzera) SA

In 2016, the assets and liabilities of SOCIETE GENERALE Private Banking (Lugano-Svizzera) SA were transferred to SOCIETE GENERALE Private Banking (Suisse) SA.

Bank Category
Foreign-controlled banks

In 2015 total assets of SOCIETE GENERALE Private Banking (Lugano-Svizzera) SA were 526,47 mln CHF.

Rank in Switzerland
133rd largest bank

Total Assets (2015)
526.47 mln CHF  (-41.52%)
Number of Employees (2015)
55 

SOCIETE GENERALE Private Banking (Lugano-Svizzera) 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 (Lugano-Svizzera) SA is a member of Société Générale (France). SOCIETE GENERALE Private Banking (Lugano-Svizzera) SA was headquartered in Lugano.

Address
Lugano, Switzerland
Company Number
CHE-102.147.643
Founded
1943
Closed
2016

Financial Positions

Total Assets (2015)
526.47 mln CHF  (-41.52%)
Assets Under Management (2015)
1 993.30 mln CHF  (-15.16%)

In 2015 total assets of SOCIETE GENERALE Private Banking (Lugano-Svizzera) SA were 526.47 mln CHF. Decline compared to the previous period (2014) was -41.52%. The evolution of the total assets of SOCIETE GENERALE Private Banking (Lugano-Svizzera) SA is shown at Chart 1 below.

Total Assets of SOCIETE GENERALE Private Banking (Lugano-Svizzera) SA. Chart 1. Total Assets of SOCIETE GENERALE Private Banking (Lugano-Svizzera) SA.

In 2015 assets under management of SOCIETE GENERALE Private Banking (Lugano-Svizzera) SA were 1 993.30 mln CHF. Decline compared to the previous period (2014) was -15.16%. The evolution of the assets under management of SOCIETE GENERALE Private Banking (Lugano-Svizzera) SA is shown at Chart 2 below.

Assets Under Management of SOCIETE GENERALE Private Banking (Lugano-Svizzera) SA. Chart 2. Assets Under Management of SOCIETE GENERALE Private Banking (Lugano-Svizzera) SA.

Profit and Loss

Gross Profit (2015)
2.80 mln CHF  (-60.56%)
Annual Profit (2015)
-300 000.00 CHF

In 2015 gross profit of SOCIETE GENERALE Private Banking (Lugano-Svizzera) SA was 2.80 mln CHF. Decline compared to the previous period (2014) was -60.56%. The evolution of the gross profit of SOCIETE GENERALE Private Banking (Lugano-Svizzera) SA is shown at Chart 3 below.

Gross Profit of SOCIETE GENERALE Private Banking (Lugano-Svizzera) SA. Chart 3. Gross Profit of SOCIETE GENERALE Private Banking (Lugano-Svizzera) SA.

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

2014 2015 % change
Net Interest Income 4.3 3.1 -27.91%
Net Commission Income 19.8 15.7 -20.71%
Net Income from Trading Operations 2.7 3.0 +11.11%
Net Income from Banking Operations 26.8 21.8 -18.66%
Gross Profit 7.1 2.8 -60.56%
Table 1. Recent changes in gross profit of SOCIETE GENERALE Private Banking (Lugano-Svizzera) SA (mln CHF).

In 2015 annual profit of SOCIETE GENERALE Private Banking (Lugano-Svizzera) SA was -300 000.00 CHF. Decline compared to the previous period (2014) was -102.63%. The evolution of the annual profit of SOCIETE GENERALE Private Banking (Lugano-Svizzera) SA is shown at Chart 4 below.

Annual Profit of SOCIETE GENERALE Private Banking (Lugano-Svizzera) SA. Chart 4. Annual Profit of SOCIETE GENERALE Private Banking (Lugano-Svizzera) SA.

Market Position and Market Share (among banks in Switzerland)

Total Assets (2014)
133rd (market share 0.02%)

In 2014 SOCIETE GENERALE Private Banking (Lugano-Svizzera) SA was the 133rd largest bank in Switzerland in terms of total assets, having 0.02% of market share.

Market share of SOCIETE GENERALE Private Banking (Lugano-Svizzera) SA Chart 5. Market share of SOCIETE GENERALE Private Banking (Lugano-Svizzera) SA

Several banks with market shares closest to SOCIETE GENERALE Private Banking (Lugano-Svizzera) SA are shown below.

RankNameTotal AssetsMarket Share
132 KBL (SWITZERLAND) LTD (closed)931.23 mln CHF0.03%
133 SOCIETE GENERALE Private Banking (Lugano-Svizzera) SA (closed)900.29 mln CHF0.02%
123 BANK ZIMMERBERG AG896.74 mln CHF0.03%
 

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 (Lugano-Svizzera) 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-102.147.643

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