BERENBERG BANK (SCHWEIZ) AG

Joh. Berenberg, Gossler & Co., commonly known as Berenberg Bank was established in 1590 and is one of the oldest private banks in Germany. Berenberg Bank specializes in private banking, investment banking, asset management and corporate banking.

Bank Category
Foreign-controlled banks

BERENBERG BANK (SCHWEIZ) AG is the 145th largest bank in Switzerland in terms of total assets. In 2016 its total assets were 716,05 mln CHF, providing the bank with the market share of 0.02%. BERENBERG BANK (SCHWEIZ) AG is the 44th largest foreign-controlled bank in Switzerland (out of 81 banks) having market share of 0.29% amongst the banks of this category.

Rank in Switzerland
145th largest bank

Total Assets (2016)
716.05 mln CHF  (-4.95%)
Number of Employees (2016)
92  (-0.65%)

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

BERENBERG BANK (SCHWEIZ) AG is headquartered in Zürich.

Address
Kreuzstrasse 5, 8034, Zürich, Switzerland
P.O. Box
186
Phone
044 284 20 20
Fax
044 284 20 22
BIC (SWIFT)
BEGOCHZZXXX
Company Number
CHE-106.250.725
Founded
1988

Financial Positions

Total Assets (2016)
716.05 mln CHF  (-4.95%)
Assets Under Management (2016)
6 110.30 mln CHF  (+0.05%)

In 2016 total assets of BERENBERG BANK (SCHWEIZ) AG were 716.05 mln CHF. Decline compared to the previous period (2015) was -4.95%. The evolution of the total assets of BERENBERG BANK (SCHWEIZ) AG is shown at Chart 1 below.

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

In 2016 assets under management of BERENBERG BANK (SCHWEIZ) AG were 6 110.30 mln CHF. Growth compared to the previous period (2015) was 0.05%. The evolution of the assets under management of BERENBERG BANK (SCHWEIZ) AG is shown at Chart 2 below.

Assets Under Management of BERENBERG BANK (SCHWEIZ) AG. Chart 2. Assets Under Management of BERENBERG BANK (SCHWEIZ) AG.

Profit and Loss

Gross Profit (2016)
7.50 mln CHF  (-16.67%)
Annual Profit (2016)
1.20 mln CHF  (-81.25%)

In 2016 gross profit of BERENBERG BANK (SCHWEIZ) AG was 7.50 mln CHF. Decline compared to the previous period (2015) was -16.67%. The evolution of the gross profit of BERENBERG BANK (SCHWEIZ) AG is shown at Chart 3 below.

Gross Profit of BERENBERG BANK (SCHWEIZ) AG. Chart 3. Gross Profit of BERENBERG BANK (SCHWEIZ) AG.

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

2015 2016 % change
Net Interest Income 4.2 5.4 +28.57%
Net Commission Income 27.7 27.0 -2.53%
Net Income from Trading Operations 5.4 4.8 -11.11%
Net Income from Banking Operations 37.6 37.5 -0.27%
Gross Profit 9.0 7.5 -16.67%
Table 1. Recent changes in gross profit of BERENBERG BANK (SCHWEIZ) AG (mln CHF).

In 2016 annual profit of BERENBERG BANK (SCHWEIZ) AG was 1.20 mln CHF. Decline compared to the previous period (2015) was -81.25%. The evolution of the annual profit of BERENBERG BANK (SCHWEIZ) AG is shown at Chart 4 below.

Annual Profit of BERENBERG BANK (SCHWEIZ) AG. Chart 4. Annual Profit of BERENBERG BANK (SCHWEIZ) AG.

Market Position and Market Share (among banks in Switzerland)

Total Assets (2016)
145th (market share 0.02%)

In 2016 BERENBERG BANK (SCHWEIZ) AG was the 145th largest bank in Switzerland in terms of total assets, having 0.02% of market share.

Market share of BERENBERG BANK (SCHWEIZ) AG Chart 5. Market share of BERENBERG BANK (SCHWEIZ) AG

Several banks with market shares closest to BERENBERG BANK (SCHWEIZ) AG are shown below.

RankNameTotal AssetsMarket Share
144 Hyposwiss Private Bank Genève SA737.69 mln CHF0.02%
145 BERENBERG BANK (SCHWEIZ) AG716.05 mln CHF0.02%
146 Bank Gantrisch Genossenschaft706.55 mln CHF0.02%
 

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 BERENBERG 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

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

BIC  BEGOCHZZXXX
Bank BIC Code  BEGO
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-106.250.725

European Presence: 6 banks in 6 countries

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

Austria

France

Germany

Luxembourg

Switzerland

  •  (this bank) BERENBERG BANK (SCHWEIZ) AG (Zürich)

United Kingdom