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.
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.
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.
|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.
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.
|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.
Recent changes in gross profit of Banco Itaú (Suisse) SA and its main components are shown in Table 1.
|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%|
|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.
|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)|
|Maximum Protected Amount||100 000 CHF|
|Paid In Currency||CHF|
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 Banco Itaú (Suisse) SA and its components are shown in the table below.
|Bank BIC Code||ITAU|
|Country Code||CH (Switzerland)|
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.