Citi has presence in Switzerland since May 1963. In 1979, Citi established Citibank (Switzerland) AG, a Swiss bank to serve private banking needs of affluent individuals. Citibank (Switzerland) AG offers private and investment banking solutions to high net-worth individuals and institutions.
Citibank (Switzerland) AG is the 87th largest bank in Switzerland in terms of total assets. In 2019 its total assets were 2 290,09 mln CHF, providing the bank with the market share of 0.07%. Citibank (Switzerland) AG is the 21st largest foreign-controlled bank in Switzerland (out of 71 foreign-controlled banks) having market share of 1.02% amongst the banks of this category. In 2019 the bank's annual profit was 39,50 mln CHF. Citibank (Switzerland) AG had 284 employees in 2019.
Citibank (Switzerland) 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. Citibank (Switzerland) AG is a member of esisuisse – Deposit Insurance (ESI) and makes its contributions into it.
Citibank (Switzerland) AG is headquartered in Zürich.
Citibank (Switzerland) AG is authorized and supervised by the Swiss Financial Market Supervisory Authority (reference number CHE-105.818.184).