Fibi Bank (Schweiz) AG

Address
Seestrasse 61, 8027, Zürich, Switzerland
Phone
044 206 69 69
Fax
044 201 14 41
Bank Category
Foreign-controlled banks
Start Date
1984
Total Assets (2015)
298.41 mln CHF  (-21.54%)
Number of Employees (2015)
34  (+3.03%)
Deposit Guarantee
100 000 CHF
BIC (SWIFT)
FIRBCHZZXXX
Company Number
CHE-103.639.133

Financial Positions

Total Assets (2015)
298.41 mln CHF  (-21.54%)
Assets Under Management (2015)
916.00 mln CHF  (-18.65%)

In 2015 total assets of Fibi Bank (Schweiz) AG were 298.41 mln CHF. Decline compared to the previous period (2014) was -21.54%. 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 2015 assets under management of Fibi Bank (Schweiz) AG were 916.00 mln CHF. Decline compared to the previous period (2014) was -18.65%. 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 (2015)
800 000.00 CHF  (-33.33%)
Annual Profit (2015)
300 000.00 CHF  (-50.00%)

In 2015 gross profit of Fibi Bank (Schweiz) AG was 800 000.00 CHF. Decline compared to the previous period (2014) was -33.33%. 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.

2014 2015 % change
Net Interest Income 3 000 000.0 2 700 000.0 -10.00%
Net Commission Income 6 000 000.0 4 700 000.0 -21.67%
Net Income from Trading Operations 1 500 000.0 1 300 000.0 -13.33%
Net Income from Banking Operations 10 500 000.0 10 000 000.0 -4.76%
Gross Profit 1 200 000.0 800 000.0 -33.33%
Table 1. Recent changes in gross profit of Fibi Bank (Schweiz) AG ( CHF).

In 2015 annual profit of Fibi Bank (Schweiz) AG was 300 000.00 CHF. Decline compared to the previous period (2014) was -50.00%. 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 (2015)
203rd (market share 0.01%)

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