Banco Itaú (Suisse) SA

Established in Brasil, Banco Itaú is one of the largest banks in Latin America. Banco Itaú is a universal bank offering a wide range of retail, private, corporate and investment banking services to a broad spectrum of clients: individuals, SMEs, business entities, transnational corporations and public institutions.

Bank Category
Foreign-controlled banks

Banco Itaú (Suisse) SA is the 115th largest bank in Switzerland in terms of total assets. In 2016 its total assets were 1 145,99 mln CHF, providing the bank with the market share of 0.04%. Banco Itaú (Suisse) SA is the 34th largest foreign-controlled bank in Switzerland (out of 81 banks) having market share of 0.46% amongst the banks of this category.

Rank in Switzerland
115th largest bank

Total Assets (2016)
1 145.99 mln CHF  (-2.69%)
Number of Employees (2016)
67  (-3.71%)

Banco Itaú (Suisse) SA participates in deposit guarantee scheme of Switzerland. This scheme covers accounts up to 100 000 CHF per bank per depositor.

Banco Itaú (Suisse) SA is headquartered in Zürich.

Address
Bleicherweg 30, 8002, Zürich, Switzerland
Phone
044 575 50 00
Fax
044 575 50 40
BIC (SWIFT)
ITAUCHZZXXX
Company Number
CHE-115.963.741
Founded
2010

Financial Positions

Total Assets (2016)
1 145.99 mln CHF  (-2.69%)
Assets Under Management (2016)
7 787.60 mln CHF  (+8.95%)

In 2016 total assets of Banco Itaú (Suisse) SA were 1 145.99 mln CHF. Decline compared to the previous period (2015) was -2.69%. The evolution of the total assets of Banco Itaú (Suisse) SA is shown at Chart 1 below.

Total Assets of Banco Itaú (Suisse) SA.

Chart 1. Total Assets of Banco Itaú (Suisse) SA.

In 2016 assets under management of Banco Itaú (Suisse) SA were 7 787.60 mln CHF. Growth compared to the previous period (2015) was 8.95%. The evolution of the assets under management of Banco Itaú (Suisse) SA is shown at Chart 2 below.

Assets Under Management of Banco Itaú (Suisse) SA.

Chart 2. Assets Under Management of Banco Itaú (Suisse) SA.

Profit and Loss

Gross Profit (2016)
22.20 mln CHF  (+7.77%)
Annual Profit (2016)
16.40 mln CHF  (+1.23%)

In 2016 gross profit of Banco Itaú (Suisse) SA was 22.20 mln CHF. Growth compared to the previous period (2015) was 7.77%. The evolution of the gross profit of Banco Itaú (Suisse) SA is shown at Chart 3 below.

Gross Profit of Banco Itaú (Suisse) SA.

Chart 3. Gross Profit of Banco Itaú (Suisse) SA.

Recent changes in gross profit of Banco Itaú (Suisse) SA and its main components are shown in Table 1.

2015 2016 % change
Net Interest Income 8.6 10.4 +20.93%
Net Commission Income 42.7 39.1 -8.43%
Net Income from Trading Operations 2.2 2.3 +4.55%
Net Income from Banking Operations 53.5 52.3 -2.24%
Gross Profit 20.6 22.2 +7.77%
Table 1. Recent changes in gross profit of Banco Itaú (Suisse) SA (mln CHF).

In 2016 annual profit of Banco Itaú (Suisse) SA was 16.40 mln CHF. Growth compared to the previous period (2015) was 1.23%. The evolution of the annual profit of Banco Itaú (Suisse) SA is shown at Chart 4 below.

Annual Profit of Banco Itaú (Suisse) SA.

Chart 4. Annual Profit of Banco Itaú (Suisse) SA.

Market Position and Market Share (among banks in Switzerland)

Total Assets (2016)
115th (market share 0.04%)

In 2016 Banco Itaú (Suisse) SA was the 115th largest bank in Switzerland in terms of total assets, having 0.04% of market share.

Market share of Banco Itaú (Suisse) SA

Chart 5. Market share of Banco Itaú (Suisse) SA

Several banks with market shares closest to Banco Itaú (Suisse) SA are shown below.

RankNameTotal AssetsMarket Share
114 BS Bank Schaffhausen AG1171.95 mln CHF0.04%
115Banco Itaú (Suisse) SA1145.99 mln CHF0.04%
116 BNP PARIBAS SECURITIES SERVICES, Paris, succursale de Zurich1108.77 mln CHF0.04%
 

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 Banco Itaú (Suisse) 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.

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 Banco Itaú (Suisse) SA and its components are shown in the table below.

BIC  ITAUCHZZXXX
Bank BIC Code  ITAU
Country Code  CH (Switzerland)
Location Code  ZZ
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-115.963.741

European Presence: 7 banks in 4 countries

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

Cayman Islands

Portugal

Switzerland

  • (this bank) Banco Itaú (Suisse) SA (Zürich)

United Kingdom