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).
|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.
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%.
|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.
|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%|
|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%.
|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)|
|Maximum Protected Amount||100 000 CHF|
|Paid In Currency||CHF|
Any bank can be identified for different purposes and hence can have several different identifiers.
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.
|Bank BIC Code||HBZU|
|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.