Gazprombank (Schweiz) AG

Gazprombank Group (GPB Group) is a Russian banking group, owned by Gazprom. In Europe GPB Group offers corporate and investment banking, asset management products and services.

Bank Category
Foreign-controlled banks

Gazprombank (Schweiz) AG is the 83rd largest bank in Switzerland in terms of total assets. In 2016 its total assets were 2 648,16 mln CHF, providing the bank with the market share of 0.09%. Gazprombank (Schweiz) AG is the 25th largest foreign-controlled bank in Switzerland (out of 81 banks) having market share of 1.07% amongst the banks of this category.

Rank in Switzerland
83rd largest bank

Total Assets (2016)
2 648.16 mln CHF  (+29.31%)
Number of Employees (2016)
64  (+12.15%)

Gazprombank (Schweiz) AG is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is BB+ (speculative). Gazprombank (Schweiz) AG participates in deposit guarantee scheme of Switzerland. This scheme covers accounts up to 100 000 CHF per bank per depositor.

Gazprombank (Schweiz) AG is headquartered in Zürich.

Address
Zollikerstrasse 183, 8032, Zürich, Switzerland
P.O. Box
1721
Phone
044 386 86 86
Fax
044 386 86 87
BIC (SWIFT)
RKBZCHZZXXX
Company Number
CHE-103.469.500
Founded
1992

Financial Positions

Total Assets (2016)
2 648.16 mln CHF  (+29.31%)
Assets Under Management (2016)
0.00 CHF

In 2016 total assets of Gazprombank (Schweiz) AG were 2 648.16 mln CHF. Growth compared to the previous period (2015) was 29.31%. The evolution of the total assets of Gazprombank (Schweiz) AG is shown at Chart 1 below.

Total Assets of Gazprombank (Schweiz) AG. Chart 1. Total Assets of Gazprombank (Schweiz) AG.

In 2016 assets under management of Gazprombank (Schweiz) AG were 0.00 CHF. The value didn't change compared to the previous period (2015). The evolution of the assets under management of Gazprombank (Schweiz) AG is shown at Chart 2 below.

Assets Under Management of Gazprombank (Schweiz) AG. Chart 2. Assets Under Management of Gazprombank (Schweiz) AG.

Profit and Loss

Gross Profit (2016)
12.00 mln CHF  (+13.21%)
Annual Profit (2016)
6.30 mln CHF  (+46.51%)

In 2016 gross profit of Gazprombank (Schweiz) AG was 12.00 mln CHF. Growth compared to the previous period (2015) was 13.21%. The evolution of the gross profit of Gazprombank (Schweiz) AG is shown at Chart 3 below.

Gross Profit of Gazprombank (Schweiz) AG. Chart 3. Gross Profit of Gazprombank (Schweiz) AG.

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

2015 2016 % change
Net Interest Income 24.9 31.4 +26.10%
Net Commission Income 6.2 6.9 +11.29%
Net Income from Trading Operations 2.4 1.7 -29.17%
Net Income from Banking Operations 33.6 40.1 +19.35%
Gross Profit 10.6 12.0 +13.21%
Table 1. Recent changes in gross profit of Gazprombank (Schweiz) AG (mln CHF).

In 2016 annual profit of Gazprombank (Schweiz) AG was 6.30 mln CHF. Growth compared to the previous period (2015) was 46.51%. The evolution of the annual profit of Gazprombank (Schweiz) AG is shown at Chart 4 below.

Annual Profit of Gazprombank (Schweiz) AG. Chart 4. Annual Profit of Gazprombank (Schweiz) AG.

Market Position and Market Share (among banks in Switzerland)

Total Assets (2016)
83rd (market share 0.09%)

In 2016 Gazprombank (Schweiz) AG was the 83rd largest bank in Switzerland in terms of total assets, having 0.09% of market share.

Market share of Gazprombank (Schweiz) AG Chart 5. Market share of Gazprombank (Schweiz) AG

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

RankNameTotal AssetsMarket Share
82PKB PRIVATBANK SA2710.29 mln CHF0.09%
83 Gazprombank (Schweiz) AG2648.16 mln CHF0.09%
84 Regiobank Solothurn AG2618.29 mln CHF0.08%
 

Credit Ratings (as of Apr 2016)

Fitch Moody's
BB+ (speculative) - (not rated)

Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government. Gazprombank (Schweiz) AG is rated by Fitch.

Credit ratings assigned to Gazprombank (Schweiz) AG as of April 2016 are shown in details in the following sections.

Fitch

Long-term issuer default rating is Fitch's view of a credit institution's relative vulnerability to default on its financial obligations, for Gazprombank (Schweiz) AG it is set to BB+ (speculative), outlook is negative (may be lowered). The rating is not on watch. Short-term issuer default rating for Gazprombank (Schweiz) AG is set to B (speculative short-term credit quality).

Long-Term Issuer Default Rating  BB+
    Outlook  negative
    On Watch  No
Short-Term Issuer Default Rating  B
Viability Rating  -
Support Rating  3
Support Rating Floor  -

Viability rating for Gazprombank (Schweiz) AG is not set support rating is 3 (moderate probability of support); support rating floor is not set.

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

BIC  RKBZCHZZXXX
Bank BIC Code  RKBZ
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-103.469.500

European Presence: 2 banks in 2 countries

This bank operates in the following European countries and selected dependent territories of the European countries:

Luxembourg

Switzerland

  •  (this bank) Gazprombank (Schweiz) AG (Zürich)