Nordea Bank S.A., Luxemburg, Zweigniederlassung Zürich

Nordea is a Swedish financial services group, the largest one in the Nordic and Baltic region. Nordea focused on prodiving corporate and institutional banking as well as retail and private banking products and services. Nordea also offers life insurance and pensions products.

Nordea Bank S.A., Luxemburg, Zweigniederlassung Zürich is the 199th largest bank in Switzerland in terms of total assets. In 2016 its total assets were 317,45 mln CHF, providing the bank with the market share of 0.01%. Nordea Bank S.A., Luxemburg, Zweigniederlassung Zürich is the 16th largest branches of foreign bank in Switzerland (out of 26 banks) having market share of 0.42% amongst the banks of this category.

Nordea Bank S.A., Luxemburg, Zweigniederlassung Zürich participates in deposit guarantee scheme of Switzerland. This scheme covers accounts up to 100 000 CHF per bank per depositor.

Nordea Bank S.A., Luxemburg, Zweigniederlassung Zürich is located in Zürich.

Address
Zürich, Switzerland
Member of Group
 Nordea (Sweden)
Bank Category
Branches of foreign banks
Start Date
1999
Total Assets (2016)
317.45 mln CHF  (-7.71%)
Deposit Guarantee
100 000 CHF
Company Number
CHE-105.179.800

Financial Positions

Total Assets (2016)
317.45 mln CHF  (-7.71%)

In 2016 total assets of Nordea Bank S.A., Luxemburg, Zweigniederlassung Zürich were 317.45 mln CHF. Decline compared to the previous period (2015) was -7.71%. The evolution of the total assets of Nordea Bank S.A., Luxemburg, Zweigniederlassung Zürich is shown at Chart 1 below.

Total Assets of Nordea Bank S.A., Luxemburg, Zweigniederlassung Zürich. Chart 1. Total Assets of Nordea Bank S.A., Luxemburg, Zweigniederlassung Zürich.

Market Position and Market Share (among banks in Switzerland)

Total Assets (2016)
199th (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 Nordea Bank S.A., Luxemburg, 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

Bank Identifiers

Any bank can be identified for different purposes and hence can have several different identifiers.

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-105.179.800