Citibank (Switzerland) AG

Founded in 1812, Citibank is consumer banking division of Citigroup, an American financial services corporation. Citibank offers retail and commercial banking products and services in four regions: Asia; Europe, the Middle East and Africa; Latin America; North America.

Prime Tower / Hardstrasse 201, 8010, Zürich, Switzerland
058 750 50 00
058 750 72 92
Bank Category
Foreign-controlled banks
Start Date
Total Assets (2015)
2 948.31 mln CHF  (+32.45%)
Number of Employees (2014)
383  (+9.12%)
Deposit Guarantee
100 000 CHF
Company Number

Financial Positions

Total Assets (2015)
2 948.31 mln CHF  (+32.45%)
Assets Under Management (2014)
26 678.10 mln CHF  (+23.09%)

In 2015 total assets of Citibank (Switzerland) AG were 2 948.31 mln CHF. Growth compared to the previous period (2014) was 32.45%. The evolution of the total assets of Citibank (Switzerland) AG is shown at Chart 1 below.

Total Assets of Citibank (Switzerland) AG. Chart 1. Total Assets of Citibank (Switzerland) AG.

In 2014 assets under management of Citibank (Switzerland) AG were 26 678.10 mln CHF. Growth compared to the previous period (2013) was 23.09%.

Profit and Loss

Gross Profit (2014)
36.10 mln CHF  (+16.45%)
Annual Profit (2014)
20.70 mln CHF  (+17.61%)

In 2014 gross profit of Citibank (Switzerland) AG was 36.10 mln CHF. Growth compared to the previous period (2013) was 16.45%.

Recent changes in gross profit of Citibank (Switzerland) AG and its main components are shown in Table 1.

2013 2014 % change
Net Interest Income 9.0 9.4 +4.44%
Net Commission Income 160.8 170.4 +5.97%
Net Income from Trading Operations 13.2 10.1 -23.48%
Net Income from Banking Operations 187.9 194.9 +3.73%
Gross Profit 31.0 36.1 +16.45%
Table 1. Recent changes in gross profit of Citibank (Switzerland) AG (mln CHF).

In 2014 annual profit of Citibank (Switzerland) AG was 20.70 mln CHF. Growth compared to the previous period (2013) was 17.61%.

Market Position and Market Share (among banks in Switzerland)

Total Assets (2015)
78th (market share 0.10%)

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 Citibank (Switzerland) 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 (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 Citibank (Switzerland) AG and its components are shown in the table below.

Bank BIC Code  CBSW
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-105.818.184

European Presence: 8 banks in 7 countries

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







United Kingdom