Deka(Swiss) Privatbank AG

Deka(Swiss) Privatbank AG specialized in providing private banking and asset management solutions.

Deka(Swiss) Privatbank AG participates in deposit guarantee scheme of Switzerland. This scheme covers accounts up to 100 000 CHF per bank per depositor.

Deka(Swiss) Privatbank AG was headquartered in Zürich.

Address
Thurgauerstasse 54, 8050, Zürich, Switzerland
P.O. Box
8310
Phone
044 308 88 00
Fax
044 308 89 99
Bank Category
Foreign-controlled banks
Start Date
1996
Close Date
2013
Number of Employees (2013)
31
Deposit Guarantee
100 000 CHF
BIC (SWIFT)
DEKACHZ1XXX

Financial Positions

Assets Under Management (2013)
827.20 mln CHF

In 2013 assets under management of Deka(Swiss) Privatbank AG were 827.20 mln CHF.

Profit and Loss

Gross Profit (2013)
4.20 mln CHF
Annual Profit (2013)
-6 700 000.00 CHF

In 2013 gross profit of Deka(Swiss) Privatbank AG was 4.20 mln CHF.

The structure of gross profit of Deka(Swiss) Privatbank AG is shown in Table 1.

2013
Net Interest Income 0.6
Net Commission Income 16.3
Net Income from Trading Operations 0.5
Net Income from Banking Operations 17.5
Gross Profit 4.2
Table 1. Structure of gross profit of Deka(Swiss) Privatbank AG (mln CHF).

In 2013 annual profit of Deka(Swiss) Privatbank AG was -6 700 000.00 CHF.

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 Deka(Swiss) Privatbank 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 Deka(Swiss) Privatbank AG and its components are shown in the table below.

BIC  DEKACHZ1XXX
Bank BIC Code  DEKA
Country Code  CH (Switzerland)
Location Code  Z1
Branch Code  XXX