As part of Centrum Bank Group strategic development, the activities of Centrum Bank (Schweiz) AG were consolidated at the parent bank in Liechtenstein (Centrum Bank AG), and the banking licence of Centrum Bank (Sschweiz) AG was returned in mid-2014. On 7 January 2015 all shares of Centrum Bank AG (Liechtensteim) were acquired by VP Bank AG.
Centrum Bank (Schweiz) AG was the 170th largest bank in Switzerland in terms of total assets. In 2013 its total assets were 476,91 mln CHF, providing the bank with the market share of 0.01%. Centrum Bank (Schweiz) AG was the 60th largest foreign-controlled bank in Switzerland (out of 93 foreign-controlled banks) having market share of 0.17% amongst the banks of this category.
Centrum Bank (Schweiz) AG 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. Centrum Bank (Schweiz) AG is a member of esisuisse – Deposit Insurance and makes its contributions into it.
Centrum Bank (Schweiz) AG was headquartered in Zürich.