NCG BANCO, S.A., La Corogne, succursale de Genève (formerly CAIXA DE AFORROS DE GALICIA, VIGO, OURENSE E PONTEVEDRA, La Corogne, succursale de Genève)

Address
Rue du Mont-Blanc 14, 1211, Genève, Switzerland
P.O. Box
1283
Phone
022 592 94 00
Fax
022 592 94 01
Bank Category
Branches of foreign banks
Start Date
2005
Total Assets (2015)
251.65 mln CHF  (+7.25%)
Number of Employees (2015)
 (+6.67%)
Deposit Guarantee
100 000 CHF
BIC (SWIFT)
CAGLCHGGXXX
Company Number
CHE-112.476.433

Financial Positions

Total Assets (2015)
251.65 mln CHF  (+7.25%)
Assets Under Management (2015)
0.00 CHF

In 2015 total assets of NCG BANCO, S.A., La Corogne, succursale de Genève were 251.65 mln CHF. Growth compared to the previous period (2014) was 7.25%. The evolution of the total assets of NCG BANCO, S.A., La Corogne, succursale de Genève is shown at Chart 1 below.

Total Assets of NCG BANCO, S.A., La Corogne, succursale de Genève. Chart 1. Total Assets of NCG BANCO, S.A., La Corogne, succursale de Genève.

In 2015 assets under management of NCG BANCO, S.A., La Corogne, succursale de Genève were 0.00 CHF. The value didn't change compared to the previous period (2014). The evolution of the assets under management of NCG BANCO, S.A., La Corogne, succursale de Genève is shown at Chart 2 below.

Assets Under Management of NCG BANCO, S.A., La Corogne, succursale de Genève. Chart 2. Assets Under Management of NCG BANCO, S.A., La Corogne, succursale de Genève.

Profit and Loss

Gross Profit (2015)
800 000.00 CHF  (-11.11%)
Annual Profit (2015)
700 000.00 CHF 

In 2015 gross profit of NCG BANCO, S.A., La Corogne, succursale de Genève was 800 000.00 CHF. Decline compared to the previous period (2014) was -11.11%. The evolution of the gross profit of NCG BANCO, S.A., La Corogne, succursale de Genève is shown at Chart 3 below.

Gross Profit of NCG BANCO, S.A., La Corogne, succursale de Genève. Chart 3. Gross Profit of NCG BANCO, S.A., La Corogne, succursale de Genève.

Recent changes in gross profit of NCG BANCO, S.A., La Corogne, succursale de Genève and its main components are shown in Table 1.

2014 2015 % change
Net Interest Income 1 900 000.0 1 900 000.0 0.00%
Net Commission Income 1 100 000.0 1 300 000.0 +18.18%
Net Income from Trading Operations 200 000.0 300 000.0 +50.00%
Net Income from Banking Operations 3 100 000.0 3 000 000.0 -3.23%
Gross Profit 900 000.0 800 000.0 -11.11%
Table 1. Recent changes in gross profit of NCG BANCO, S.A., La Corogne, succursale de Genève ( CHF).

In 2015 annual profit of NCG BANCO, S.A., La Corogne, succursale de Genève was 700 000.00 CHF. The value didn't change compared to the previous period (2014). The evolution of the annual profit of NCG BANCO, S.A., La Corogne, succursale de Genève is shown at Chart 4 below.

Annual Profit of NCG BANCO, S.A., La Corogne, succursale de Genève. Chart 4. Annual Profit of NCG BANCO, S.A., La Corogne, succursale de Genève.

Market Position and Market Share (among banks in Switzerland)

Total Assets (2015)
208th (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 NCG BANCO, S.A., La Corogne, 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 NCG BANCO, S.A., La Corogne, succursale de Genève and its components are shown in the table below.

BIC  CAGLCHGGXXX
Bank BIC Code  CAGL
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-112.476.433