Banque Internationale de Commerce - Bred, Paris, succursale de Genève

Banque Internationale de Commerce - BRED (BIC BRED) provides corporate banking products and services, including trade finance, cash management, lines of credit.

Address
1, place Longemalle, 1204, Genève, Switzerland
P.O. Box
3296
Phone
022 312 30 70
Fax
022 312 30 36
Member of Group
 BPCE (France)
Bank Category
Branches of foreign banks
Start Date
1991
Close Date
2015
Total Assets (2014)
243.55 mln CHF  (+43.78%)
Number of Employees (2014)
21  (+5.00%)
Deposit Guarantee
100 000 CHF
BIC (SWIFT)
BICFCHGGXXX
Company Number
CHE-107.348.574

Financial Positions

Total Assets (2014)
243.55 mln CHF  (+43.78%)
Assets Under Management (2014)
0.00 CHF

In 2014 total assets of Banque Internationale de Commerce - Bred, Paris, succursale de Genève were 243.55 mln CHF. Growth compared to the previous period (2013) was 43.78%. The evolution of the total assets of Banque Internationale de Commerce - Bred, Paris, succursale de Genève is shown at Chart 1 below.

Total Assets of Banque Internationale de Commerce - Bred, Paris, succursale de Genève. Chart 1. Total Assets of Banque Internationale de Commerce - Bred, Paris, succursale de Genève.

In 2014 assets under management of Banque Internationale de Commerce - Bred, Paris, succursale de Genève were 0.00 CHF. The value didn't change compared to the previous period (2013).

Profit and Loss

Gross Profit (2014)
-1 200 000.00 CHF
Annual Profit (2014)
-1 800 000.00 CHF

In 2014 gross profit of Banque Internationale de Commerce - Bred, Paris, succursale de Genève was -1 200 000.00 CHF. Decline compared to the previous period (2013) was -166.67%.

Recent changes in gross profit of Banque Internationale de Commerce - Bred, Paris, succursale de Genève and its main components are shown in Table 1.

2013 2014 % change
Net Interest Income 3.2 2.3 -28.13%
Net Commission Income 3.1 0.8 -74.19%
Net Income from Trading Operations 0.0 0.0
Net Income from Banking Operations 6.4 3.1 -51.56%
Gross Profit 1.8 -1.2
Table 1. Recent changes in gross profit of Banque Internationale de Commerce - Bred, Paris, succursale de Genève (mln CHF).

In 2014 annual profit of Banque Internationale de Commerce - Bred, Paris, succursale de Genève was -1 800 000.00 CHF. Decline compared to the previous period (2013) was -1 900.00%.

Market Position and Market Share (among banks in Switzerland)

Total Assets (2014)
225th (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 Banque Internationale de Commerce - Bred, Paris, succursale de Genève 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 Banque Internationale de Commerce - Bred, Paris, succursale de Genève and its components are shown in the table below.

BIC  BICFCHGGXXX
Bank BIC Code  BICF
Country Code  CH (Switzerland)
Location Code  GG
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-107.348.574

European Presence: 2 banks in 2 countries

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

France

Switzerland