Sallfort Privatbank AG (formerly P&P Private Bank AG)

Founded in 2006 Sallfort Privatbank AG is focused on providing asset management, stock exchange and securities services. Sallfort Privatbank AG is the 230th largest bank in Switzerland in terms of total assets. In 2015 its total assets were 136,25 mln CHF, providing the bank with the market share of 0.00%. Sallfort Privatbank AG is the 35th largest stock exchange bank in Switzerland (out of 44 banks) having market share of 0.06% amongst the banks of this category.

Sallfort Privatbank AG participates in deposit guarantee scheme of Switzerland. This scheme covers accounts up to 100 000 CHF per bank per depositor.

Sallfort Privatbank AG is headquartered in Zürich.

Address
Bellerivestrasse 241, 8034, Zürich, Switzerland
Phone
044 268 53 00
Fax
044 268 53 53
Bank Category
Stock exchange banks
Start Date
2006
Total Assets (2015)
136.25 mln CHF  (-12.67%)
Deposit Guarantee
100 000 CHF
BIC (SWIFT)
BGFBCHZZXXX
Company Number
CHE-112.855.227

Financial Positions

Total Assets (2015)
136.25 mln CHF  (-12.67%)

In 2015 total assets of Sallfort Privatbank AG were 136.25 mln CHF. Decline compared to the previous period (2014) was -12.67%. The evolution of the total assets of Sallfort Privatbank AG is shown at Chart 1 below.

Total Assets of Sallfort Privatbank AG. Chart 1. Total Assets of Sallfort Privatbank AG.

Market Position and Market Share (among banks in Switzerland)

Total Assets (2015)
230th (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 Sallfort Privatbank 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 Sallfort Privatbank AG and its components are shown in the table below.

BIC  BGFBCHZZXXX
Bank BIC Code  BGFB
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-112.855.227