Established in 1856, Banque Internationale à Luxembourg (BIL) is the oldest private banking group in Luxembourg. BIL Bank offers retail, private and corporate banking products and services. Banque Internationale à Luxembourg (Suisse) SA operates as a subsidiary of Banque Internationale à Luxembourg (Luxembourg).
Banque Internationale à Luxembourg (Suisse) SA is the 117th largest bank in Switzerland in terms of total assets. In 2016 its total assets were 1 097,60 mln CHF, providing the bank with the market share of 0.04%. Banque Internationale à Luxembourg (Suisse) SA is the 35th largest foreign-controlled bank in Switzerland (out of 81 foreign-controlled banks) having market share of 0.44% amongst the banks of this category. Banque Internationale à Luxembourg (Suisse) SA had 115 employees in 2016.
Banque Internationale à Luxembourg (Suisse) SA participates in deposit guarantee scheme of Switzerland. This scheme covers accounts up to 100 000 CHF per bank per depositor.
Banque Internationale à Luxembourg (Suisse) SA is headquartered in Zürich.
| Total Assets (2016) |
|---|
| 1 097.60 mln CHF (-17.60%) |
| Assets Under Management (2016) |
| 3 657.30 mln CHF (-1.81%) |
In 2016 total assets of Banque Internationale à Luxembourg (Suisse) SA were 1 097.60 mln CHF. Decline compared to the previous period (2015) was -17.60%. The evolution of the total assets of Banque Internationale à Luxembourg (Suisse) SA is shown at Chart 1 below.
Chart 1. Total Assets of Banque Internationale à Luxembourg (Suisse) SA.
In 2016 assets under management of Banque Internationale à Luxembourg (Suisse) SA were 3 657.30 mln CHF. Decline compared to the previous period (2015) was -1.81%. The evolution of the assets under management of Banque Internationale à Luxembourg (Suisse) SA is shown at Chart 2 below.
Chart 2. Assets Under Management of Banque Internationale à Luxembourg (Suisse) SA.
| Gross Profit (2016) |
|---|
| -9 800 000.00 CHF (-3.92%) |
| Annual Profit (2016) |
| -10 100 000.00 CHF (-50.00%) |
In 2016 gross profit of Banque Internationale à Luxembourg (Suisse) SA was -9 800 000.00 CHF. Decline compared to the previous period (2015) was -3.92%. The evolution of the gross profit of Banque Internationale à Luxembourg (Suisse) SA is shown at Chart 3 below.
Chart 3. Gross Profit of Banque Internationale à Luxembourg (Suisse) SA.
Recent changes in gross profit of Banque Internationale à Luxembourg (Suisse) SA and its main components are shown in Table 1.
| 2015 | 2016 | % change | |
|---|---|---|---|
| Net Interest Income | 8.4 | 8.4 | 0.00% |
| Net Commission Income | 13.7 | 23.3 | +70.07% |
| Net Income from Trading Operations | 2.9 | 6.3 | +117.24% |
| Net Income from Banking Operations | 25.0 | 38.0 | +52.00% |
| Gross Profit | -10.2 | -9.8 | -3.92% |
| Table 1. Recent changes in gross profit of Banque Internationale à Luxembourg (Suisse) SA (mln CHF). | |||
In 2016 annual profit of Banque Internationale à Luxembourg (Suisse) SA was -10 100 000.00 CHF. Decline compared to the previous period (2015) was -50.00%. The evolution of the annual profit of Banque Internationale à Luxembourg (Suisse) SA is shown at Chart 4 below.
Chart 4. Annual Profit of Banque Internationale à Luxembourg (Suisse) SA.
| Number of Employees (2016) |
|---|
| 115 (-26.00%) |
In 2016 there were 115 employees of Banque Internationale à Luxembourg (Suisse) SA. Decline compared to the previous period (2015) was -26.00%. The evolution of the number of employees of Banque Internationale à Luxembourg (Suisse) SA is shown at Chart 5 below.
Chart 5. Number of Employees of Banque Internationale à Luxembourg (Suisse) SA.
| Total Assets (2016) |
|---|
| 117th (market share 0.04%) |
In 2016 Banque Internationale à Luxembourg (Suisse) SA was ranked the 117th largest bank in Switzerland in terms of total assets, having 0.04% of the domestic market share.
Chart 6. Market share of Banque Internationale à Luxembourg (Suisse) SA (among banks in Switzerland)
Several banks having the market shares and ranks closest to Banque Internationale à Luxembourg (Suisse) SA are shown below.
| Rank | Name | Total Assets | Market Share |
|---|---|---|---|
| 116 |  BNP PARIBAS SECURITIES SERVICES, Paris, succursale de Zurich | 1108.77 mln CHF | 0.04% |
| 117 |  Banque Internationale à Luxembourg (Suisse) SA | 1097.60 mln CHF | 0.04% |
| 118 |  Bank Thalwil Genossenschaft | 1097.52 mln CHF | 0.04% |
| Total Assets (2016) |
|---|
| 35th (market share 0.44%) |
In 2016 Banque Internationale à Luxembourg (Suisse) SA was ranked the 35th largest foreign-controlled bank in Switzerland in terms of total assets, having 0.44% of the category's market share.
Chart 7. Market share of Banque Internationale à Luxembourg (Suisse) SA (among Foreign-controlled banks in Switzerland)
Several foreign-controlled banks having the market shares and ranks closest to Banque Internationale à Luxembourg (Suisse) SA are shown below.
| Rank | Name | Total Assets | Market Share |
|---|---|---|---|
| 34 |  Banco Itaú (Suisse) SA | 1145.99 mln CHF | 0.46% |
| 35 | Banque Internationale à Luxembourg (Suisse) SA | 1097.60 mln CHF | 0.44% |
| 36 |  EFG Bank European Financial Group SA | 1077.21 mln CHF | 0.44% |
| 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 Banque Internationale à Luxembourg (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 |
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 Banque Internationale à Luxembourg (Suisse) SA and its components are shown in the table below.
| BIC | BILSCHZZXXX |
| Bank BIC Code | BILS |
| Country Code | CH (Switzerland) |
| Location Code | ZZ |
| Branch Code | XXX |
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-106.013.059 |
Banque Internationale à Luxembourg (Suisse) SA operates under the brand name BIL Bank. This banking brand has presence in the following European countries and selected dependent territories of the European countries:
(this bank) Banque Internationale à Luxembourg (Suisse) SA (Zürich)The following banks operating under BIL Bank brand name has been recently closed down:
