COMMERZBANK AG, Frankfurt am Main, Zweigniederlassung Zürich

Founded in 1870, Commerzbank is an international commercial bank with branches and offices in more than 50 countries. The core markets of Commerzbank are Germany and Poland. Commerzbank offers its products and services to private and corporate clients, as well as institutional investors.

Bank Category

Branches of foreign banks

Financials

Total Assets (2017)
965.64 mln CHF  (+46.59%)
Number of Employees (2014)
99  (+13.37%)

COMMERZBANK AG, Frankfurt am Main, Zweigniederlassung Zürich is the 129th largest bank in Switzerland in terms of total assets. In 2017 its total assets were 965,64 mln CHF, providing the bank with the market share of 0.03%. COMMERZBANK AG, Frankfurt am Main, Zweigniederlassung Zürich is the 13th largest branches of foreign bank in Switzerland (out of 23 branches of foreign banks) having market share of 1.03% amongst the banks of this category. COMMERZBANK AG, Frankfurt am Main, Zweigniederlassung Zürich had 99 employees in 2014.

COMMERZBANK AG, Frankfurt am Main, Zweigniederlassung Zürich participates in deposit guarantee scheme of Switzerland. This scheme covers accounts up to 100 000 CHF per bank per depositor.

Contacts

Utoquai 55, 8008, Zürich, Switzerland
044 563 69 00
044 563 69 01

COMMERZBANK AG, Frankfurt am Main, Zweigniederlassung Zürich is located in Zürich.

Bank Identifiers

BIC (SWIFT)
COBACHZHXXX
Company Number
CHE-109.979.521
Founded
2002

Financial Positions

Total Assets (2017)
965.64 mln CHF  (+46.59%)
Assets Under Management (2014)
0.00 CHF

In 2017 total assets of COMMERZBANK AG, Frankfurt am Main, Zweigniederlassung Zürich were 965.64 mln CHF. Growth compared to the previous period (2016) was 46.59%. The evolution of the total assets of COMMERZBANK AG, Frankfurt am Main, Zweigniederlassung Zürich is shown at Chart 1 below.

Total Assets of COMMERZBANK AG, Frankfurt am Main, Zweigniederlassung Zürich.

Chart 1. Total Assets of COMMERZBANK AG, Frankfurt am Main, Zweigniederlassung Zürich.

In 2014 assets under management of COMMERZBANK AG, Frankfurt am Main, Zweigniederlassung Zürich were 0.00 CHF. The value didn't change compared to the previous period (2013).

Profit and Loss

Gross Profit (2014)
20.20 mln CHF  (+43.26%)
Operating Income (2014)
-13 300 000.00 CHF  (+30.39%)
Annual Profit (2014)
-14 500 000.00 CHF  (+28.32%)

In 2014 gross profit of COMMERZBANK AG, Frankfurt am Main, Zweigniederlassung Zürich was 20.20 mln CHF. Growth compared to the previous period (2013) was 43.26%.

Recent changes in gross profit of COMMERZBANK AG, Frankfurt am Main, Zweigniederlassung Zürich and its main components are shown in Table 1.

2013 2014 % change
Net Interest Income 1.3 2.8 +115.38%
Net Commission Income 14.1 15.0 +6.38%
Net Income from Trading Operations -0.9 1.3
Gross Profit 14.1 20.2 +43.26%
Table 1. Recent changes in gross profit of COMMERZBANK AG, Frankfurt am Main, Zweigniederlassung Zürich (mln CHF).

In 2014 annual profit of COMMERZBANK AG, Frankfurt am Main, Zweigniederlassung Zürich was -14 500 000.00 CHF. Growth compared to the previous period (2013) was 28.32%.

Number of Employees

Number of Employees (2014)
99  (+13.37%)

In 2014 there were 99 employees of COMMERZBANK AG, Frankfurt am Main, Zweigniederlassung Zürich. Growth compared to the previous period (2013) was 13.37%.

Market Share and Rank (among banks in Switzerland)

Total Assets (2017)
129th (market share 0.03%)

In 2017 COMMERZBANK AG, Frankfurt am Main, Zweigniederlassung Zürich was ranked the 129th largest bank in Switzerland in terms of total assets, having 0.03% of the domestic market share.

Market share of COMMERZBANK AG, Frankfurt am Main, Zweigniederlassung Zürich (among banks in Switzerland)

Chart 2. Market share of COMMERZBANK AG, Frankfurt am Main, Zweigniederlassung Zürich (among banks in Switzerland)

Several banks having the market shares and ranks closest to COMMERZBANK AG, Frankfurt am Main, Zweigniederlassung Zürich are shown below.

RankNameTotal AssetsMarket Share
128Banque Algérienne du Commerce Extérieur SA969.79 mln CHF0.03%
129 COMMERZBANK AG, Frankfurt am Main, Zweigniederlassung Zürich965.64 mln CHF0.03%
130 Clientis EB Entlebucher Bank AG944.03 mln CHF0.03%
 

Market Share and Rank (among Branches of foreign banks in Switzerland)

Total Assets (2017)
13th (market share 1.03%)

In 2017 COMMERZBANK AG, Frankfurt am Main, Zweigniederlassung Zürich was ranked the 13th largest branches of foreign bank in Switzerland in terms of total assets, having 1.03% of the category's market share.

Market share of COMMERZBANK AG, Frankfurt am Main, Zweigniederlassung Zürich (among Branches of foreign banks in Switzerland)

Chart 3. Market share of COMMERZBANK AG, Frankfurt am Main, Zweigniederlassung Zürich (among Branches of foreign banks in Switzerland)

Several branches of foreign banks having the market shares and ranks closest to COMMERZBANK AG, Frankfurt am Main, Zweigniederlassung Zürich are shown below.

RankNameTotal AssetsMarket Share
12 Bank of America Merrill Lynch International Limited, London, Zurich Branch (new)1394.52 mln CHF1.49%
13 COMMERZBANK AG, Frankfurt am Main, Zweigniederlassung Zürich965.64 mln CHF1.03%
14 Hypo Vorarlberg Bank AG, Bregenz, Zweigniederlassung St.Gallen760.11 mln CHF0.81%
 

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 COMMERZBANK AG, Frankfurt am Main, Zweigniederlassung Zürich 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

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 COMMERZBANK AG, Frankfurt am Main, Zweigniederlassung Zürich and its components are shown in the table below.

BIC  COBACHZHXXX
Bank BIC Code  COBA
Country Code  CH (Switzerland)
Location Code  ZH
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-109.979.521

European Presence: 16 banks in 14 countries

COMMERZBANK AG, Frankfurt am Main, Zweigniederlassung Zürich operates under the brand name Commerzbank. This banking brand has presence in the following European countries and selected dependent territories of the European countries:

Austria

Belgium

Cayman Islands

Czech Republic

France

Germany

Hungary

Italy

Luxembourg

Netherlands

Slovakia

Spain

Switzerland

  •  (this bank) COMMERZBANK AG, Frankfurt am Main, Zweigniederlassung Zürich (Zürich)

United Kingdom

Defunct Banks: 1 bank in 1 country

The following banks operating under Commerzbank brand name has been recently closed down:

France