Fibi Bank (Schweiz) AG

Established in 1984, Fibi Bank (Schweiz) AG is specialized in providing offshore private banking and asset management products and services.

Bank Category
Foreign-controlled banks

Fibi Bank (Schweiz) AG is the 205th largest bank in Switzerland in terms of total assets. In 2016 its total assets were 271,10 mln CHF, providing the bank with the market share of 0.01%. Fibi Bank (Schweiz) AG is the 63rd largest foreign-controlled bank in Switzerland (out of 81 banks) having market share of 0.11% amongst the banks of this category.

Rank in Switzerland
205th largest bank

Total Assets (2016)
271.10 mln CHF  (-9.15%)
Number of Employees (2016)
32  (-5.88%)

Fibi Bank (Schweiz) AG participates in deposit guarantee scheme of Switzerland. This scheme covers accounts up to 100 000 CHF per bank per depositor.

Fibi Bank (Schweiz) AG is headquartered in Zürich.

Address
Seestrasse 61, 8027, Zürich, Switzerland
Phone
044 206 69 69
Fax
044 201 14 41
BIC (SWIFT)
FIRBCHZZXXX
Company Number
CHE-103.639.133
Founded
1984

Financial Positions

Total Assets (2016)
271.10 mln CHF  (-9.15%)
Assets Under Management (2016)
889.40 mln CHF  (-2.90%)

In 2016 total assets of Fibi Bank (Schweiz) AG were 271.10 mln CHF. Decline compared to the previous period (2015) was -9.15%. The evolution of the total assets of Fibi Bank (Schweiz) AG is shown at Chart 1 below.

Total Assets of Fibi Bank (Schweiz) AG. Chart 1. Total Assets of Fibi Bank (Schweiz) AG.

In 2016 assets under management of Fibi Bank (Schweiz) AG were 889.40 mln CHF. Decline compared to the previous period (2015) was -2.90%. The evolution of the assets under management of Fibi Bank (Schweiz) AG is shown at Chart 2 below.

Assets Under Management of Fibi Bank (Schweiz) AG. Chart 2. Assets Under Management of Fibi Bank (Schweiz) AG.

Profit and Loss

Gross Profit (2016)
-11 200 000.00 CHF
Annual Profit (2016)
-3 200 000.00 CHF

In 2016 gross profit of Fibi Bank (Schweiz) AG was -11 200 000.00 CHF. Decline compared to the previous period (2015) was -1 500.00%. The evolution of the gross profit of Fibi Bank (Schweiz) AG is shown at Chart 3 below.

Gross Profit of Fibi Bank (Schweiz) AG. Chart 3. Gross Profit of Fibi Bank (Schweiz) AG.

Recent changes in gross profit of Fibi Bank (Schweiz) AG and its main components are shown in Table 1.

2015 2016 % change
Net Interest Income 2.7 2.3 -14.81%
Net Commission Income 4.7 3.7 -21.28%
Net Income from Trading Operations 1.3 1.4 +7.69%
Net Income from Banking Operations 10.0 8.0 -20.00%
Gross Profit 0.8 -11.2
Table 1. Recent changes in gross profit of Fibi Bank (Schweiz) AG (mln CHF).

In 2016 annual profit of Fibi Bank (Schweiz) AG was -3 200 000.00 CHF. Decline compared to the previous period (2015) was -1 166.67%. The evolution of the annual profit of Fibi Bank (Schweiz) AG is shown at Chart 4 below.

Annual Profit of Fibi Bank (Schweiz) AG. Chart 4. Annual Profit of Fibi Bank (Schweiz) AG.

Market Position and Market Share (among banks in Switzerland)

Total Assets (2016)
205th (market share 0.01%)

In 2016 Fibi Bank (Schweiz) AG was the 205th largest bank in Switzerland in terms of total assets, having 0.01% of market share.

Market share of Fibi Bank (Schweiz) AG Chart 5. Market share of Fibi Bank (Schweiz) AG

Several banks with market shares closest to Fibi Bank (Schweiz) AG are shown below.

RankNameTotal AssetsMarket Share
204 Freie Gemeinschaftsbank Genossenschaft271.93 mln CHF0.01%
205 Fibi Bank (Schweiz) AG271.10 mln CHF0.01%
206 Ersparniskasse Affoltern i.E. AG258.41 mln CHF0.01%
 

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 Fibi 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 Fibi Bank (Schweiz) AG and its components are shown in the table below.

BIC  FIRBCHZZXXX
Bank BIC Code  FIRB
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-103.639.133