UNITED MIZRAHI BANK (Switzerland) Ltd.

Established in 1980, UNITED MIZRAHI BANK (Switzerland) Ltd. provides a wide range of private banking services, including investment advice and a broad spectrum of transactions, execution services including securities and currency transactions, various loans, mortgages, credit cards and other services.

UNITED MIZRAHI BANK (Switzerland) Ltd. is the 214th largest bank in Switzerland in terms of total assets. In 2016 its total assets were 192,66 mln CHF, providing the bank with the market share of 0.01%. UNITED MIZRAHI BANK (Switzerland) Ltd. is the 66th largest foreign-controlled bank in Switzerland (out of 81 banks) having market share of 0.08% amongst the banks of this category.

UNITED MIZRAHI BANK (Switzerland) Ltd. participates in deposit guarantee scheme of Switzerland. This scheme covers accounts up to 100 000 CHF per bank per depositor.

UNITED MIZRAHI BANK (Switzerland) Ltd. is headquartered in Zürich.

Address
Nüschelerstrasse 31, 8021, Zürich, Switzerland
P.O. Box
1330
Phone
044 226 86 86
Fax
044 226 86 87
Bank Category
Foreign-controlled banks
Start Date
1980
Total Assets (2016)
192.66 mln CHF  (-1.52%)
Number of Employees (2016)
17  (+5.06%)
Deposit Guarantee
100 000 CHF
BIC (SWIFT)
UMBLCHZZXXX
Company Number
CHE-107.980.884

Financial Positions

Total Assets (2016)
192.66 mln CHF  (-1.52%)
Assets Under Management (2016)
534.00 mln CHF  (-1.07%)

In 2016 total assets of UNITED MIZRAHI BANK (Switzerland) Ltd. were 192.66 mln CHF. Decline compared to the previous period (2015) was -1.52%. The evolution of the total assets of UNITED MIZRAHI BANK (Switzerland) Ltd. is shown at Chart 1 below.

Total Assets of UNITED MIZRAHI BANK (Switzerland) Ltd.. Chart 1. Total Assets of UNITED MIZRAHI BANK (Switzerland) Ltd..

In 2016 assets under management of UNITED MIZRAHI BANK (Switzerland) Ltd. were 534.00 mln CHF. Decline compared to the previous period (2015) was -1.07%. The evolution of the assets under management of UNITED MIZRAHI BANK (Switzerland) Ltd. is shown at Chart 2 below.

Assets Under Management of UNITED MIZRAHI BANK (Switzerland) Ltd.. Chart 2. Assets Under Management of UNITED MIZRAHI BANK (Switzerland) Ltd..

Profit and Loss

Gross Profit (2016)
1.70 mln CHF  (+21.43%)
Annual Profit (2016)
1.00 mln CHF  (+11.11%)

In 2016 gross profit of UNITED MIZRAHI BANK (Switzerland) Ltd. was 1.70 mln CHF. Growth compared to the previous period (2015) was 21.43%. The evolution of the gross profit of UNITED MIZRAHI BANK (Switzerland) Ltd. is shown at Chart 3 below.

Gross Profit of UNITED MIZRAHI BANK (Switzerland) Ltd.. Chart 3. Gross Profit of UNITED MIZRAHI BANK (Switzerland) Ltd..

Recent changes in gross profit of UNITED MIZRAHI BANK (Switzerland) Ltd. and its main components are shown in Table 1.

2015 2016 % change
Net Interest Income 1.2 1.8 +50.00%
Net Commission Income 4.1 3.6 -12.20%
Net Income from Trading Operations 0.7 0.9 +28.57%
Net Income from Banking Operations 6.0 6.3 +5.00%
Gross Profit 1.4 1.7 +21.43%
Table 1. Recent changes in gross profit of UNITED MIZRAHI BANK (Switzerland) Ltd. (mln CHF).

In 2016 annual profit of UNITED MIZRAHI BANK (Switzerland) Ltd. was 1.00 mln CHF. Growth compared to the previous period (2015) was 11.11%. The evolution of the annual profit of UNITED MIZRAHI BANK (Switzerland) Ltd. is shown at Chart 4 below.

Annual Profit of UNITED MIZRAHI BANK (Switzerland) Ltd.. Chart 4. Annual Profit of UNITED MIZRAHI BANK (Switzerland) Ltd..

Market Position and Market Share (among banks in Switzerland)

Total Assets (2016)
214th (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 UNITED MIZRAHI BANK (Switzerland) Ltd. 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 UNITED MIZRAHI BANK (Switzerland) Ltd. and its components are shown in the table below.

BIC  UMBLCHZZXXX
Bank BIC Code  UMBL
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-107.980.884