Citi has presence in Switzerland since May 1963.In 1979, Citi established Citibank (Switzerland) AG, a Swiss bank to serveprivate banking needs of affluent individuals.Citibank (Switzerland) AG offers private and investment banking solutionsto high net-worth individuals and institutions.
In 2020, Citibank, N.A., Sioux Falls, Zurich Branch achieved the position of 38th largest bank in Switzerland with a market share of 0.36%; its total assets dropped by 0.95%.
Deposits up to 100,000 CHF are covered by Swiss deposit guarantee scheme in Citibank, N.A., Sioux Falls, Zurich Branch.
Citibank, N.A., Sioux Falls, Zurich Branch is the 38th largest bank in Switzerland in terms of total assets. In 2020 its total assets were 12 359,51 mln CHF, providing the bank with the market share of 0.36%. Citibank, N.A., Sioux Falls, Zurich Branch is the 3rd largest branches of foreign bank in Switzerland (out of 24 branches of foreign banks) having market share of 10.82% amongst the banks of this category.
Citibank, N.A., Sioux Falls, Zurich Branch participates in the deposit guarantee scheme of Switzerland which applies to credit balances made by private individuals (Swiss and foreign), legal entities (Swiss and foreign) and covers up to up to 100,000 CHF per bank per depositor. Citibank, N.A., Sioux Falls, Zurich Branch is a member of esisuisse – Deposit Insurance (ESI) and makes its contributions into it.
Citibank, N.A., Sioux Falls, Zurich Branch is located in Zürich.
Citibank, N.A., Sioux Falls, Zurich Branch is authorized and supervised by the Swiss Financial Market Supervisory Authority.