Volksbank AG

Volksbank AG provides private banking, asset and investment management services.

Volksbank AG is the 221st largest bank in Switzerland in terms of total assets. In 2016 its total assets were 176,25 mln CHF, providing the bank with the market share of 0.01%. Volksbank AG is the 70th largest foreign-controlled bank in Switzerland (out of 81 banks) having market share of 0.07% amongst the banks of this category.

Volksbank AG participates in deposit guarantee scheme of Switzerland. This scheme covers accounts up to 100 000 CHF per bank per depositor.

Volksbank AG is a member of Volksbank (Austria). Volksbank AG is headquartered in St. Margrethen.

Address
Hauptstrasse 111, 9430, St. Margrethen, Switzerland
P.O. Box
850
Phone
071 747 55 30
Fax
071 747 55 39
Website
https://www.volksbank.ch/
Member of Group
 Volksbank (Austria)
Bank Category
Foreign-controlled banks
Start Date
1997
Total Assets (2016)
176.25 mln CHF  (-31.16%)
Number of Employees (2014)
28  (+10.16%)
Deposit Guarantee
100 000 CHF
BIC (SWIFT)
RBABCH22VVB
Company Number
CHE-106.832.838

Financial Positions

Total Assets (2016)
176.25 mln CHF  (-31.16%)
Assets Under Management (2014)
682.30 mln CHF  (+31.11%)

In 2016 total assets of Volksbank AG were 176.25 mln CHF. Decline compared to the previous period (2015) was -31.16%. The evolution of the total assets of Volksbank AG is shown at Chart 1 below.

Total Assets of Volksbank AG. Chart 1. Total Assets of Volksbank AG.

In 2014 assets under management of Volksbank AG were 682.30 mln CHF. Growth compared to the previous period (2013) was 31.11%.

Profit and Loss

Gross Profit (2014)
1.70 mln CHF  (+70.00%)
Annual Profit (2014)
600 000.00 CHF 

In 2014 gross profit of Volksbank AG was 1.70 mln CHF. Growth compared to the previous period (2013) was 70.00%.

Recent changes in gross profit of Volksbank AG and its main components are shown in Table 1.

2013 2014 % change
Net Interest Income 1.8 2.2 +22.22%
Net Commission Income 4.8 4.8 0.00%
Net Income from Trading Operations 1.4 1.8 +28.57%
Net Income from Banking Operations 8.2 8.8 +7.32%
Gross Profit 1.0 1.7 +70.00%
Table 1. Recent changes in gross profit of Volksbank AG (mln CHF).

In 2014 annual profit of Volksbank AG was 600 000.00 CHF. The value didn't change compared to the previous period (2013).

Market Position and Market Share (among banks in Switzerland)

Total Assets (2016)
221st (market share 0.01%)

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 Volksbank AG 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.

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 Volksbank AG and its components are shown in the table below.

BIC  RBABCH22VVB
Bank BIC Code  RBAB
Country Code  CH (Switzerland)
Location Code  22
Branch Code  VVB

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-106.832.838