The Swiss Financial Market Supervisory Authority (FINMA) declared bankruptcy over Banque Privée Espirito Santo SA en liquidation on September 19, 2014 at 8am. In this context, the FINMA appointed Carrard Consulting SA as Liquidator to successfully complete and supervise the operations. The Liquidator will endeavor to fulfill this mission in the best interest of creditors and employees.
As from today, the bank is closed and ceases all activities, subject to those related to the proceedings. Creditors that are willing to be legally registered in the Schedule of Claims must fill in the applicable form(s), sign it (them) and send it (them) by mail to Banque Privée Espirito Santo SA en liquidation, P.O. Box 107, 1009 Pully, Switzerland. Furthermore, to speed up proceedings, please forward the requested form(s) by email to [email protected] Messages shall be handled by order of arrival and priority.
Banque Privée Espirito Santo SA was the 130th largest bank in Switzerland in terms of total assets. In 2013 its total assets were 867,07 mln CHF, providing the bank with the market share of 0.03%. Banque Privée Espirito Santo SA was the 42nd largest foreign-controlled bank in Switzerland (out of 93 foreign-controlled banks) having market share of 0.32% amongst the banks of this category. In 2013 the bank's annual profit was 2,00 mln CHF. Banque Privée Espirito Santo SA had 169 employees in 2013.
Banque Privée Espirito Santo 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. Banque Privée Espirito Santo SA is a member of esisuisse – Deposit Insurance (ESI) and makes its contributions into it.
Banque Privée Espirito Santo SA is a member of Espírito Santo (Portugal).
Banque Privée Espirito Santo SA was headquartered in Pully.
Banque Privée Espirito Santo SA was authorized and supervised by the Swiss Financial Market Supervisory Authority (reference number CHE-107.880.998).