ABANCA CORPORACION BANCARIA SA, Betanzos, succursale de Genève (formerly CAIXA DE AFORROS DE GALICIA, VIGO, OURENSE E PONTEVEDRA, La Corogne, succursale de Genève)

Abanca Corporación Bancaria (ABANCA) is a Spanish bank, established in 2011. The bank provides retail and corporate banking services. ABANCA CORPORACION BANCARIA SA, Betanzos, succursale de Genève operates as a branch of Abanca (Spain).

Bank Category
Branches of foreign banks

Services
Retail Banking
Corporate Banking

ABANCA CORPORACION BANCARIA SA, Betanzos, succursale de Genève is the 202nd largest bank in Switzerland in terms of total assets. In 2016 its total assets were 282,19 mln CHF, providing the bank with the market share of 0.01%. ABANCA CORPORACION BANCARIA SA, Betanzos, succursale de Genève is the 17th largest branches of foreign bank in Switzerland (out of 26 banks) having market share of 0.37% amongst the banks of this category.

Rank in Switzerland
202nd largest bank

Total Assets (2016)
282.19 mln CHF  (+12.14%)
Number of Employees (2016)
 (+12.50%)

ABANCA CORPORACION BANCARIA SA, Betanzos, succursale de Genève participates in deposit guarantee scheme of Switzerland. This scheme covers accounts up to 100 000 CHF per bank per depositor.

ABANCA CORPORACION BANCARIA SA, Betanzos, succursale de Genève is located in Genève.

Address
Rue du Mont-Blanc 14, 1211, Genève, Switzerland
P.O. Box
1283
Phone
022 592 94 00
Fax
022 592 94 01
BIC (SWIFT)
CAGLCHGGXXX
Company Number
CHE-112.476.433
Founded
2005

Business Summary

Services
retail banking
corporate banking
Products
current accounts
debit cards
savings accounts
time deposit accounts
credit cards
consumer loans
car loans
mortgage loans

Financial Positions

Total Assets (2016)
282.19 mln CHF  (+12.14%)
Assets Under Management (2016)
0.00 CHF

In 2016 total assets of ABANCA CORPORACION BANCARIA SA, Betanzos, succursale de Genève were 282.19 mln CHF. Growth compared to the previous period (2015) was 12.14%. The evolution of the total assets of ABANCA CORPORACION BANCARIA SA, Betanzos, succursale de Genève is shown at Chart 1 below.

Total Assets of ABANCA CORPORACION BANCARIA SA, Betanzos, succursale de Genève. Chart 1. Total Assets of ABANCA CORPORACION BANCARIA SA, Betanzos, succursale de Genève.

In 2016 assets under management of ABANCA CORPORACION BANCARIA SA, Betanzos, succursale de Genève were 0.00 CHF. The value didn't change compared to the previous period (2015). The evolution of the assets under management of ABANCA CORPORACION BANCARIA SA, Betanzos, succursale de Genève is shown at Chart 2 below.

Assets Under Management of ABANCA CORPORACION BANCARIA SA, Betanzos, succursale de Genève. Chart 2. Assets Under Management of ABANCA CORPORACION BANCARIA SA, Betanzos, succursale de Genève.

Profit and Loss

Gross Profit (2016)
1.40 mln CHF  (+75.00%)
Annual Profit (2016)
1.00 mln CHF  (+42.86%)

In 2016 gross profit of ABANCA CORPORACION BANCARIA SA, Betanzos, succursale de Genève was 1.40 mln CHF. Growth compared to the previous period (2015) was 75.00%. The evolution of the gross profit of ABANCA CORPORACION BANCARIA SA, Betanzos, succursale de Genève is shown at Chart 3 below.

Gross Profit of ABANCA CORPORACION BANCARIA SA, Betanzos, succursale de Genève. Chart 3. Gross Profit of ABANCA CORPORACION BANCARIA SA, Betanzos, succursale de Genève.

Recent changes in gross profit of ABANCA CORPORACION BANCARIA SA, Betanzos, succursale de Genève and its main components are shown in Table 1.

2015 2016 % change
Net Interest Income 1.9 2.3 +21.05%
Net Commission Income 1.3 1.4 +7.69%
Net Income from Trading Operations 0.3 0.4 +33.33%
Net Income from Banking Operations 3.0 3.9 +30.00%
Gross Profit 0.8 1.4 +75.00%
Table 1. Recent changes in gross profit of ABANCA CORPORACION BANCARIA SA, Betanzos, succursale de Genève (mln CHF).

In 2016 annual profit of ABANCA CORPORACION BANCARIA SA, Betanzos, succursale de Genève was 1.00 mln CHF. Growth compared to the previous period (2015) was 42.86%. The evolution of the annual profit of ABANCA CORPORACION BANCARIA SA, Betanzos, succursale de Genève is shown at Chart 4 below.

Annual Profit of ABANCA CORPORACION BANCARIA SA, Betanzos, succursale de Genève. Chart 4. Annual Profit of ABANCA CORPORACION BANCARIA SA, Betanzos, succursale de Genève.

Market Position and Market Share (among banks in Switzerland)

Total Assets (2016)
202nd (market share 0.01%)

In 2016 ABANCA CORPORACION BANCARIA SA, Betanzos, succursale de Genève was the 202nd largest bank in Switzerland in terms of total assets, having 0.01% of market share.

Market share of ABANCA CORPORACION BANCARIA SA, Betanzos, succursale de Genève Chart 5. Market share of ABANCA CORPORACION BANCARIA SA, Betanzos, succursale de Genève

Several banks with market shares closest to ABANCA CORPORACION BANCARIA SA, Betanzos, succursale de Genève are shown below.

RankNameTotal AssetsMarket Share
201 Bank am Bellevue AG294.58 mln CHF0.01%
202 ABANCA CORPORACION BANCARIA SA, Betanzos, succursale de Genève282.19 mln CHF0.01%
203 BHF-BANK (Schweiz) AG274.57 mln CHF0.01%
 

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 ABANCA CORPORACION BANCARIA SA, Betanzos, 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 ABANCA CORPORACION BANCARIA SA, Betanzos, 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

European Presence: 3 banks in 3 countries

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

Portugal

Spain

Switzerland

  •  (this bank) ABANCA CORPORACION BANCARIA SA, Betanzos, succursale de Genève (Genève)