Jyske Bank (Schweiz) AG

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).

Bank Category
Foreign-controlled banks

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 banks) having market share of 0.10% amongst the banks of this category.

Rank in Switzerland
216th largest bank

Total Assets (2014)
292.17 mln CHF  (-16.60%)
Number of Employees (2014)
43  (-4.89%)

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 (Schweiz) AG was headquartered in Zürich.

Member of Group
 Jyske Bank (Denmark)

Address
Wasserwerkstrasse 12, 8021, Zürich, Switzerland
Phone
044 368 73 73
Fax
044 368 73 97
BIC (SWIFT)
JYBACHZZXXX
Company Number
CHE-107.846.369
Founded
1970
Closed
2015

Financial Positions

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.

Total Assets of Jyske Bank (Schweiz) AG. 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%.

Profit and Loss

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%.

Market Position and Market Share (among banks in Switzerland)

Total Assets (2014)
216th (market share 0.01%)

In 2014 Jyske Bank (Schweiz) AG was the 216th largest bank in Switzerland in terms of total assets, having 0.01% of market share.

Market share of Jyske Bank (Schweiz) AG Chart 2. Market share of Jyske Bank (Schweiz) AG

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

RankNameTotal AssetsMarket Share
198 Clientis Bank im Thal AG292.47 mln CHF0.01%
216 Jyske Bank (Schweiz) AG (closed)292.17 mln CHF0.01%
221 Volksbank AG287.01 mln CHF0.01%
 

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 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

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 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

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

European Presence: 3 banks in 3 countries

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

Denmark

Germany

Gibraltar