Habib Bank AG Zürich

Habib Bank Zurich (HBZ) was established in Switzerland in 1967. Habib Bank Zurich provides corporate, personal, private, and correspondent banking products, and offers highly personalised service through its international network of branches, subsidiaries and affiliates. Habib Bank Zurich is a member of Habib Group (Pakistan).

Address
Weinbergstrasse 59, 8035, Zürich, Switzerland
P.O. Box
303
Phone
044 269 45 00
Fax
044 269 45 35
Bank Category
Foreign-controlled banks
Start Date
1967
Total Assets (2015)
5 423.80 mln CHF  (+1.69%)
Number of Employees (2014)
5 081  (+22.73%)
Deposit Guarantee
100 000 CHF
BIC (SWIFT)
HBZUCHZZXXX
Company Number
CHE-105.951.914

Financial Positions

Total Assets (2015)
5 423.80 mln CHF  (+1.69%)
Assets Under Management (2014)
1 053.00 mln CHF  (+22.30%)

In 2015 total assets of Habib Bank AG Zürich were 5 423.80 mln CHF. Growth compared to the previous period (2014) was 1.69%. The evolution of the total assets of Habib Bank AG Zürich is shown at Chart 1 below.

Total Assets of Habib Bank AG Zürich. Chart 1. Total Assets of Habib Bank AG Zürich.

In 2014 assets under management of Habib Bank AG Zürich were 1 053.00 mln CHF. Growth compared to the previous period (2013) was 22.30%.

Profit and Loss

Gross Profit (2014)
226.10 mln CHF  (+139.51%)
Annual Profit (2014)
77.60 mln CHF  (+113.77%)

In 2014 gross profit of Habib Bank AG Zürich was 226.10 mln CHF. Growth compared to the previous period (2013) was 139.51%.

Recent changes in gross profit of Habib Bank AG Zürich and its main components are shown in Table 1.

2013 2014 % change
Net Interest Income 182.7 209.5 +14.67%
Net Commission Income 66.9 75.6 +13.00%
Net Income from Trading Operations 8.7 104.5 +1 101.15%
Net Income from Banking Operations 268.2 404.5 +50.82%
Gross Profit 94.4 226.1 +139.51%
Table 1. Recent changes in gross profit of Habib Bank AG Zürich (mln CHF).

In 2014 annual profit of Habib Bank AG Zürich was 77.60 mln CHF. Growth compared to the previous period (2013) was 113.77%.

Market Position and Market Share (among banks in Switzerland)

Total Assets (2015)
55th (market share 0.18%)

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 Habib Bank AG Zürich 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 Habib Bank AG Zürich and its components are shown in the table below.

BIC  HBZUCHZZXXX
Bank BIC Code  HBZU
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-105.951.914

European Presence: 3 banks in 2 countries

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

Switzerland

  •  (this bank) Habib Bank AG Zürich (Zürich)

United Kingdom