Jyske Bank was founded in 1967 as a result of a merger of four local Danish banks operating in Central Jutland. Now Jyske Bank is one of the largest banks in Denmark providing a broad range of retail, private and corporate banking products and services to individuals and business customers. Jyske Bank offers international private banking via its foreign branches and subsidiaries. Jyske Bank (Schweiz) AG operated as a subsidiary of Jyske Bank (Denmark).
Jyske Bank (Schweiz) AG was the 216th largest bank in Switzerland in terms of total assets. In 2014 its total assets were 292,17 mln CHF, providing the bank with the market share of 0.01%. Jyske Bank (Schweiz) AG was the 72nd largest foreign-controlled bank in Switzerland (out of 90 foreign-controlled banks) having market share of 0.10% amongst the banks of this category. Jyske Bank (Schweiz) AG had 43 employees in 2014.
Jyske Bank (Schweiz) AG participates in deposit guarantee scheme of Switzerland. This scheme covers accounts up to 100 000 CHF per bank per depositor.
Jyske Bank (Denmark)Jyske Bank (Schweiz) AG was headquartered in Zürich.
| Total Assets (2014) |
|---|
| 292.17 mln CHF (-16.60%) |
| Assets Under Management (2014) |
| 1 059.30 mln CHF (-11.31%) |
In 2014 total assets of Jyske Bank (Schweiz) AG were 292.17 mln CHF. Decline compared to the previous period (2013) was -16.60%. The evolution of the total assets of Jyske Bank (Schweiz) AG is shown at Chart 1 below.
Chart 1. Total Assets of Jyske Bank (Schweiz) AG.
In 2014 assets under management of Jyske Bank (Schweiz) AG were 1 059.30 mln CHF. Decline compared to the previous period (2013) was -11.31%.
| Gross Profit (2014) |
|---|
| 200 000.00 CHF (-89.47%) |
| Annual Profit (2014) |
| 2.60 mln CHF (+2 500.00%) |
In 2014 gross profit of Jyske Bank (Schweiz) AG was 200 000.00 CHF. Decline compared to the previous period (2013) was -89.47%.
Recent changes in gross profit of Jyske Bank (Schweiz) AG and its main components are shown in Table 1.
| 2013 | 2014 | % change | |
|---|---|---|---|
| Net Interest Income | 4 000 000.0 | 3 200 000.0 | -20.00% |
| Net Commission Income | 12 000 000.0 | 10 300 000.0 | -14.17% |
| Net Income from Trading Operations | 2 000 000.0 | 1 700 000.0 | -15.00% |
| Net Income from Banking Operations | 17 900 000.0 | 15 200 000.0 | -15.08% |
| Gross Profit | 1 900 000.0 | 200 000.0 | -89.47% |
| Table 1. Recent changes in gross profit of Jyske Bank (Schweiz) AG ( CHF). | |||
In 2014 annual profit of Jyske Bank (Schweiz) AG was 2.60 mln CHF. Growth compared to the previous period (2013) was 2 500.00%.
| Number of Employees (2014) |
|---|
| 43 (-4.89%) |
In 2014 there were 43 employees of Jyske Bank (Schweiz) AG. Decline compared to the previous period (2013) was -4.89%.
| Total Assets (2014) |
|---|
| 216th (market share 0.01%) |
In 2014 Jyske Bank (Schweiz) AG was ranked the 216th largest bank in Switzerland in terms of total assets, having 0.01% of the domestic market share.
Chart 2. Market share of Jyske Bank (Schweiz) AG (among banks in Switzerland)
Several banks having the market shares and ranks closest to Jyske Bank (Schweiz) AG are shown below.
| Rank | Name | Total Assets | Market Share |
|---|---|---|---|
| 198 |  Clientis Bank im Thal AG | 292.47 mln CHF | 0.01% |
| 216 | Jyske Bank (Schweiz) AG (closed) | 292.17 mln CHF | 0.01% |
| 221 |  Volksbank AG | 287.01 mln CHF | 0.01% |
| Total Assets (2014) |
|---|
| 72nd (market share 0.10%) |
In 2014 Jyske Bank (Schweiz) AG was ranked the 72nd largest foreign-controlled bank in Switzerland in terms of total assets, having 0.10% of the category's market share.
Chart 3. Market share of Jyske Bank (Schweiz) AG (among Foreign-controlled banks in Switzerland)
Several foreign-controlled banks having the market shares and ranks closest to Jyske Bank (Schweiz) AG are shown below.
| Rank | Name | Total Assets | Market Share |
|---|---|---|---|
| 67 |  Nomura Bank (Schweiz) AG | 308.28 mln CHF | 0.08% |
| 72 | Jyske Bank (Schweiz) AG (closed) | 292.17 mln CHF | 0.10% |
| 70 | Volksbank AG | 287.01 mln CHF | 0.07% |
| 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 Jyske Bank (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 |
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 Jyske Bank (Schweiz) AG and its components are shown in the table below.
| BIC | JYBACHZZXXX |
| Bank BIC Code | JYBA |
| Country Code | CH (Switzerland) |
| Location Code | ZZ |
| Branch Code | XXX |
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-107.846.369 |
Jyske Bank (Schweiz) AG operated under the brand name Jyske Bank. This banking brand has presence in the following European countries and selected dependent territories of the European countries:
The following banks operating under Jyske Bank brand name has been recently closed down:
(this bank) Jyske Bank (Schweiz) AG (Zürich)
