In 2015 Finter Bank was taken over by Vontobel Holding.
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 foreign-controlled banks) having market share of 0.15% amongst the banks of this category. FINTER BANK ZÜRICH AG had 63 employees in 2014.
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.
|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.
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%.
|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.
|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%|
|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%.
|Number of Employees (2014)|
In 2014 there were 63 employees of FINTER BANK ZÜRICH AG. Decline compared to the previous period (2013) was -15.65%.
|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)|
|Maximum Protected Amount||100 000 CHF|
|Paid In Currency||CHF|
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.
|Bank BIC Code||FBZU|
|Country Code||CH (Switzerland)|
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.