Established in 1925, Mercantil Bank is a Venezuelan universal bank, providing a broad range of retail, private, corporate and investment banking products and services to natural persons and legal entities. Mercantil Bank (Schweiz) AG is focused on providing private banking and wealth management solutions.
Mercantil Bank (Schweiz) AG is the 220th largest bank in Switzerland in terms of total assets. In 2018 its total assets were 161,35 mln CHF, providing the bank with the market share of 0.01%. Mercantil Bank (Schweiz) AG is the 68th largest foreign-controlled bank in Switzerland (out of 74 foreign-controlled banks) having market share of 0.07% amongst the banks of this category. In 2018 the bank's annual profit was 1,30 mln CHF. Mercantil Bank (Schweiz) AG had 21 employees in 2018.
Mercantil Bank (Schweiz) AG participates in the deposit guarantee scheme of Switzerland. This deposit guarantee scheme applies to credit balances made by private individuals (Swiss and foreign), legal entities (Swiss and foreign) and covers up to up to 100,000 CHF per bank per depositor. Mercantil Bank (Schweiz) AG is a member of esisuisse – Deposit Insurance and makes its contributions into it.
Mercantil Bank (Schweiz) AG is headquartered in Zürich.
Mercantil Bank (Schweiz) AG is authorized and supervised by the Swiss Financial Market Supervisory Authority (reference number CHE-106.287.817).