UBL (Switzerland) AG (formerly United Bank AG (Zürich))

Address
Feldeggstrasse 55, 8034, Zürich, Switzerland
P.O. Box
1176
Phone
043 499 19 20
Fax
043 499 19 33
Bank Category
Foreign-controlled banks
Start Date
1967
Total Assets (2015)
162.62 mln CHF  (+31.68%)
Number of Employees (2015)
10  (+2.00%)
Deposit Guarantee
100 000 CHF
BIC (SWIFT)
UNILCHZZXXX
Company Number
CHE-107.824.698

Financial Positions

Total Assets (2015)
162.62 mln CHF  (+31.68%)
Assets Under Management (2015)
0.00 CHF

In 2015 total assets of UBL (Switzerland) AG were 162.62 mln CHF. Growth compared to the previous period (2014) was 31.68%. The evolution of the total assets of UBL (Switzerland) AG is shown at Chart 1 below.

Total Assets of UBL (Switzerland) AG. Chart 1. Total Assets of UBL (Switzerland) AG.

In 2015 assets under management of UBL (Switzerland) AG were 0.00 CHF. The value didn't change compared to the previous period (2014). The evolution of the assets under management of UBL (Switzerland) AG is shown at Chart 2 below.

Assets Under Management of UBL (Switzerland) AG. Chart 2. Assets Under Management of UBL (Switzerland) AG.

Profit and Loss

Gross Profit (2015)
3.10 mln CHF  (+14.81%)
Annual Profit (2015)
2.30 mln CHF  (+15.00%)

In 2015 gross profit of UBL (Switzerland) AG was 3.10 mln CHF. Growth compared to the previous period (2014) was 14.81%. The evolution of the gross profit of UBL (Switzerland) AG is shown at Chart 3 below.

Gross Profit of UBL (Switzerland) AG. Chart 3. Gross Profit of UBL (Switzerland) AG.

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

2014 2015 % change
Net Interest Income 1.5 1.3 -13.33%
Net Commission Income 4.2 4.5 +7.14%
Net Income from Trading Operations -0.1 0.1
Net Income from Banking Operations 5.6 5.9 +5.36%
Gross Profit 2.7 3.1 +14.81%
Table 1. Recent changes in gross profit of UBL (Switzerland) AG (mln CHF).

In 2015 annual profit of UBL (Switzerland) AG was 2.30 mln CHF. Growth compared to the previous period (2014) was 15.00%. The evolution of the annual profit of UBL (Switzerland) AG is shown at Chart 4 below.

Annual Profit of UBL (Switzerland) AG. Chart 4. Annual Profit of UBL (Switzerland) AG.

Market Position and Market Share (among banks in Switzerland)

Total Assets (2015)
226th (market share 0.01%)

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 UBL (Switzerland) 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 UBL (Switzerland) AG and its components are shown in the table below.

BIC  UNILCHZZXXX
Bank BIC Code  UNIL
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-107.824.698