Banque Algérienne du Commerce Extérieur SA

Business Focus
trade finance

Banque Algérienne du Commerce Extérieur SA (Algerian Bank of Foreigh Trade, BACE) is specialised in trade finance business (particularly documentary credits) especially between European countries and Algeria.

Bank Category

Foreign-controlled banks

Financials

Total Assets (2018)
651.83 mln CHF  (-32.79%)

Banque Algérienne du Commerce Extérieur SA is the 153rd largest bank in Switzerland in terms of total assets. In 2018 its total assets were 651,83 mln CHF, providing the bank with the market share of 0.02%. Banque Algérienne du Commerce Extérieur SA is the 45th largest foreign-controlled bank in Switzerland (out of 74 foreign-controlled banks) having market share of 0.29% amongst the banks of this category.

Deposit Guarantee

Protected Amount
up to 100,000 CHF
Guarantee Fund
esisuisse – Deposit Insurance
Covered Depositors
private individuals (Swiss and foreign)
legal entities (Swiss and foreign)
Covered Accounts
credit balances

Banque Algérienne du Commerce Extérieur 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 Algérienne du Commerce Extérieur SA is a member of esisuisse – Deposit Insurance and makes its contributions into it.

Contacts

Talacker 41, 8023, Zürich, Switzerland
7484
044 218 50 60
044 211 36 27

Banque Algérienne du Commerce Extérieur SA is headquartered in Zürich.

Bank Identifiers

BIC (SWIFT)
AEXTCHZZXXX
LEI
5067004DO2LK4HAF7649
Company Number
CHE-107.742.735

Bank History

Founded
1981

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