Citibank, N.A., Sioux Falls, Zurich Branch

Founded in 1812, Citibank is consumer banking division of Citigroup, an American financial services corporation. Citibank offers retail and commercial banking products and services in four regions: Asia; Europe, the Middle East and Africa; Latin America; North America.

Address
Bleicherweg 10, 8010, Zürich, Switzerland
Phone
044 205 71 11
Fax
044 202 15 32
Bank Category
Branches of foreign banks
Start Date
1963
Total Assets (2015)
11 348.26 mln CHF  (+10.71%)
Deposit Guarantee
100 000 CHF
BIC (SWIFT)
CITICHZZXXX
Company Number
CHE-112.805.152

Financial Positions

Total Assets (2015)
11 348.26 mln CHF  (+10.71%)

In 2015 total assets of Citibank, N.A., Sioux Falls, Zurich Branch were 11 348.26 mln CHF. Growth compared to the previous period (2014) was 10.71%. The evolution of the total assets of Citibank, N.A., Sioux Falls, Zurich Branch is shown at Chart 1 below.

Total Assets of Citibank, N.A., Sioux Falls, Zurich Branch. Chart 1. Total Assets of Citibank, N.A., Sioux Falls, Zurich Branch.

Market Position and Market Share (among banks in Switzerland)

Total Assets (2015)
39th (market share 0.38%)

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 Citibank, N.A., Sioux Falls, Zurich Branch 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 Citibank, N.A., Sioux Falls, Zurich Branch and its components are shown in the table below.

BIC  CITICHZZXXX
Bank BIC Code  CITI
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-112.805.152

European Presence: 8 banks in 7 countries

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

Germany

Italy

Jersey

Spain

Switzerland

Turkey

United Kingdom