FINTER BANK ZÜRICH AG

In 2015 Finter Bank was taken over by Vontobel Holding.

Bank Category
Foreign-controlled banks

FINTER BANK ZÜRICH AG was the 182nd largest bank in Switzerland in terms of total assets. In 2014 its total assets were 447,45 mln CHF, providing the bank with the market share of 0.01%. FINTER BANK ZÜRICH AG was the 60th largest foreign-controlled bank in Switzerland (out of 90 banks) having market share of 0.15% amongst the banks of this category.

Rank in Switzerland
182nd largest bank

Total Assets (2014)
447.45 mln CHF  (+6.95%)
Number of Employees (2014)
63  (-15.65%)

FINTER BANK ZÜRICH AG participates in deposit guarantee scheme of Switzerland. This scheme covers accounts up to 100 000 CHF per bank per depositor.

FINTER BANK ZÜRICH AG was headquartered in Zürich.

Address
Claridenstrasse 35, 8022, Zürich, Switzerland
P.O. Box
2299
Phone
044 289 55 00
Fax
044 289 56 00
BIC (SWIFT)
FBZUCHZZXXX
Company Number
CHE-105.935.571
Founded
1958
Closed
2015

Financial Positions

Total Assets (2014)
447.45 mln CHF  (+6.95%)
Assets Under Management (2014)
1 852.50 mln CHF  (-17.06%)

In 2014 total assets of FINTER BANK ZÜRICH AG were 447.45 mln CHF. Growth compared to the previous period (2013) was 6.95%. The evolution of the total assets of FINTER BANK ZÜRICH AG is shown at Chart 1 below.

Total Assets of FINTER BANK ZÜRICH AG. Chart 1. Total Assets of FINTER BANK ZÜRICH AG.

In 2014 assets under management of FINTER BANK ZÜRICH AG were 1 852.50 mln CHF. Decline compared to the previous period (2013) was -17.06%.

Profit and Loss

Gross Profit (2014)
3.70 mln CHF
Annual Profit (2014)
-3 500 000.00 CHF  (-82.23%)

In 2014 gross profit of FINTER BANK ZÜRICH AG was 3.70 mln CHF. Decline compared to the previous period (2013) was -168.52%.

Recent changes in gross profit of FINTER BANK ZÜRICH AG and its main components are shown in Table 1.

2013 2014 % change
Net Interest Income 2.4 2.0 -16.67%
Net Commission Income 17.8 15.9 -10.67%
Net Income from Trading Operations 2.1 2.0 -4.76%
Net Income from Banking Operations 23.7 24.4 +2.95%
Gross Profit -5.4 3.7
Table 1. Recent changes in gross profit of FINTER BANK ZÜRICH AG (mln CHF).

In 2014 annual profit of FINTER BANK ZÜRICH AG was -3 500 000.00 CHF. Decline compared to the previous period (2013) was -82.23%.

Market Position and Market Share (among banks in Switzerland)

Total Assets (2014)
182nd (market share 0.01%)

In 2014 FINTER BANK ZÜRICH AG was the 182nd largest bank in Switzerland in terms of total assets, having 0.01% of market share.

Market share of FINTER BANK ZÜRICH AG Chart 2. Market share of FINTER BANK ZÜRICH AG

Several banks with market shares closest to FINTER BANK ZÜRICH AG are shown below.

RankNameTotal AssetsMarket Share
165 Quilvest (Switzerland) Ltd.453.80 mln CHF0.02%
182 FINTER BANK ZÜRICH AG (closed)447.45 mln CHF0.01%
181BANQUE MORVAL SA426.26 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 FINTER BANK ZÜRICH 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 FINTER BANK ZÜRICH AG and its components are shown in the table below.

BIC  FBZUCHZZXXX
Bank BIC Code  FBZU
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-105.935.571