LBBW (Schweiz) AG

In 2015 LBBW (Schweiz) AG was integrated into Notenstein La Roche Privatbank AG.

LBBW (Schweiz) AG was the 262nd largest bank in Switzerland in terms of total assets. In 2014 its total assets were 40,60 mln CHF, providing the bank with the market share of 0.00%. LBBW (Schweiz) AG was the 89th largest foreign-controlled bank in Switzerland (out of 90 banks) having market share of 0.01% amongst the banks of this category.

LBBW (Schweiz) AG participates in deposit guarantee scheme of Switzerland. This scheme covers accounts up to 100 000 CHF per bank per depositor.

LBBW (Schweiz) AG is a member of Landesbank Baden-Württemberg (Germany). LBBW (Schweiz) AG was headquartered in Zürich.

Address
Zürich, Switzerland
Member of Group
 Landesbank Baden-Württemberg (Germany)
Bank Category
Foreign-controlled banks
Start Date
1995
Close Date
2015
Total Assets (2014)
40.60 mln CHF  (-65.68%)
Number of Employees (2014)
 (-45.16%)
Deposit Guarantee
100 000 CHF
Company Number
CHE-108.369.024

Financial Positions

Total Assets (2014)
40.60 mln CHF  (-65.68%)
Assets Under Management (2014)
167.30 mln CHF  (-83.34%)

In 2014 total assets of LBBW (Schweiz) AG were 40.60 mln CHF. Decline compared to the previous period (2013) was -65.68%. The evolution of the total assets of LBBW (Schweiz) AG is shown at Chart 1 below.

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

In 2014 assets under management of LBBW (Schweiz) AG were 167.30 mln CHF. Decline compared to the previous period (2013) was -83.34%.

Profit and Loss

Gross Profit (2014)
-500 000.00 CHF  (+150.00%)
Annual Profit (2014)
-5 300 000.00 CHF  (+488.89%)

In 2014 gross profit of LBBW (Schweiz) AG was -500 000.00 CHF. Growth compared to the previous period (2013) was 150.00%.

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

2013 2014 % change
Net Interest Income 300 000.0 300 000.0 0.00%
Net Commission Income 2 400 000.0 1 500 000.0 -37.50%
Net Income from Trading Operations 500 000.0 300 000.0 -40.00%
Net Income from Banking Operations 3 200 000.0 3 800 000.0 +18.75%
Gross Profit -200 000.0 -500 000.0 +150.00%
Table 1. Recent changes in gross profit of LBBW (Schweiz) AG ( CHF).

In 2014 annual profit of LBBW (Schweiz) AG was -5 300 000.00 CHF. Growth compared to the previous period (2013) was 488.89%.

Market Position and Market Share (among banks in Switzerland)

Total Assets (2014)
262nd (market share 0.00%)

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 LBBW (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.

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-108.369.024

European Presence: 3 banks in 3 countries

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

Germany

Luxembourg

United Kingdom