Saxo Bank specializes in providing online investment and trading services. It allows individuals, banks and brokers to trade Forex, CFDs, stocks, futures, options and other derivatives via its trading platforms online.

SAXO BANK (SCHWEIZ) AG is the 155th largest bank in Switzerland in terms of total assets. In 2016 its total assets were 590,30 mln CHF, providing the bank with the market share of 0.02%. SAXO BANK (SCHWEIZ) AG is the 48th largest foreign-controlled bank in Switzerland (out of 81 banks) having market share of 0.24% amongst the banks of this category.

SAXO BANK (SCHWEIZ) AG participates in deposit guarantee scheme of Switzerland. This scheme covers accounts up to 100 000 CHF per bank per depositor.

SAXO BANK (SCHWEIZ) AG is headquartered in Zollikon.

Rietstrasse 41, 8702, Zollikon, Switzerland
P.O. Box
058 317 95 00
058 317 95 01
Bank Category
Foreign-controlled banks
Start Date
Total Assets (2016)
590.30 mln CHF  (+6.89%)
Number of Employees (2014)
59  (-4.99%)
Deposit Guarantee
100 000 CHF
Company Number

Business Summary

online investments
online trading services

Financial Positions

Total Assets (2016)
590.30 mln CHF  (+6.89%)

In 2016 total assets of SAXO BANK (SCHWEIZ) AG were 590.30 mln CHF. Growth compared to the previous period (2015) was 6.89%. The evolution of the total assets of SAXO BANK (SCHWEIZ) AG is shown at Chart 1 below.

Total Assets of SAXO BANK (SCHWEIZ) AG. Chart 1. Total Assets of SAXO BANK (SCHWEIZ) AG.

Profit and Loss

Gross Profit (2014)
20.40 mln CHF  (+21.43%)
Annual Profit (2014)
16.80 mln CHF  (+27.27%)

In 2014 gross profit of SAXO BANK (SCHWEIZ) AG was 20.40 mln CHF. Growth compared to the previous period (2013) was 21.43%.

Recent changes in gross profit of SAXO BANK (SCHWEIZ) AG and its main components are shown in Table 1.

2013 2014 % change
Net Interest Income 0.7 1.0 +42.86%
Net Commission Income 1.5 1.4 -6.67%
Net Income from Trading Operations 36.0 39.2 +8.89%
Net Income from Banking Operations 37.3 40.7 +9.12%
Gross Profit 16.8 20.4 +21.43%
Table 1. Recent changes in gross profit of SAXO BANK (SCHWEIZ) AG (mln CHF).

In 2014 annual profit of SAXO BANK (SCHWEIZ) AG was 16.80 mln CHF. Growth compared to the previous period (2013) was 27.27%.

Market Position and Market Share (among banks in Switzerland)

Total Assets (2016)
155th (market share 0.02%)

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 SAXO BANK (SCHWEIZ) 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 (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 SAXO BANK (SCHWEIZ) AG and its components are shown in the table below.

Bank BIC Code  SAXO
Country Code  CH (Switzerland)
Location Code  ZH
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-106.787.764

European Presence: 10 banks in 9 countries

This bank operates in the following European countries and selected dependent territories of the European countries:



Czech Republic







  •  (this bank) SAXO BANK (SCHWEIZ) AG (Zollikon)