Société Générale, Paris, Zweigniederlassung Zürich

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Société Générale, Paris, Zweigniederlassung Zürich Logo
Address
Rue de la Corraterie 6, 1211, Zürich, Switzerland
BIC
RUEGCHZZXXX

Overview

Category

Branches of foreign banks

Business Focus

corporate and investment banking

Established in 1864, Société Générale is one of the largest French banks operating globally, Present in Swizterland since 1897, Société Générale provides financial solutions, banking products and services, tailored solutions in the fields of private banking, corporate and investment banking, asset management, global transaction banking, securities services and specialised financing to large corporations, multinationals, financial institutions, the public sector, external asset managers, family offices and high net-worth individuals

Performance

In 2023, Société Générale, Paris, Zweigniederlassung Zürich achieved the position of 31st largest bank in Switzerland with a market share of 0.45%; its total assets dropped by 37.03%.

Deposit Protection

Deposits up to 100,000 CHF are covered by Swiss deposit guarantee scheme in Société Générale, Paris, Zweigniederlassung Zürich.

Services

private banking
corporate banking
investment banking
asset management
global transaction banking
securities services
specialized financing

Clients

corporations
institutions
public sector
high net-worth individuals
family groups

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits
SEPA Direct Debits B2B

See Also

Financials

Total Assets of Société Générale, Paris, Zweigniederlassung Zürich
Annual_profit of Société Générale, Paris, Zweigniederlassung Zürich
Total Assets (2023)
12,427.70 mln CHF   (-37.03%)
Annual Profit (2023)
42.90 mln CHF   (+6.45%)
Number of Employees (2023)
169   (-1.74%)

Société Générale, Paris, Zweigniederlassung Zürich ranks as the 31st largest bank in Switzerland by total assets. In 2023 its total assets were 12,427.70 mln CHF, representing a 0.45% market share. It is also the 1st largest branches of foreign bank in Switzerland, commanding a 41.10% share among branches of foreign banks. In 2023 the bank's annual profit was 42.90 mln CHF. As of 2023, the bank employed 169 people.

Deposit Guarantee

Protected Amount
up to 100,000 CHF
Guarantee Fund
esisuisse – Deposit Insurance (ESI)esisuisse – Deposit Insurance (ESI)
Covered Accounts
credit balances
Eligible Depositors
private individuals (Swiss and foreign)
legal entities (Swiss and foreign)

Société Générale, Paris, Zweigniederlassung Zürich protects deposits up to up to 100,000 CHF per depositor through Switzerland's deposit guarantee scheme. The scheme applies to credit balances made by private individuals (Swiss and foreign), legal entities (Swiss and foreign). The bank participates in the esisuisse – Deposit Insurance (ESI), making regular contributions into it.

See Also

Société Générale, Paris, Zweigniederlassung Zürich is a member of Société Générale (France).

Contacts

addressRue de la Corraterie 6, 1211, Zürich, Switzerland
po box5022
phone022 819 02 02
fax022 819 04 03
websitehttps://www.privatebanking.societegenerale.com/

Société Générale, Paris, Zweigniederlassung Zürich is located in Zürich.

Social Networks

Société Générale, Paris, Zweigniederlassung Zürich has profiles at the following social networks:

See Also

Bank Identifiers

BIC (SWIFT)
RUEGCHZZXXX
Company Number
CHE-105.273.103

Bank Supervision

Supervised By
Swiss Financial Market Supervisory Authority

Société Générale, Paris, Zweigniederlassung Zürich is authorized and supervised by the Swiss Financial Market Supervisory Authority.

Bank History

Founded
1926

Business Summary

Services
private banking
corporate banking
investment banking
asset management
global transaction banking
securities services
specialized financing
Clients
corporations
institutions
public sector
high net-worth individuals
family groups

Société Générale, Paris, Zweigniederlassung Zürich provides products and services in the areas of private banking, corporate banking, investment banking, asset management, global transaction banking, securities services, specialized financing. Société Générale, Paris, Zweigniederlassung Zürich makes its solutions available to corporations, institutions, public sector, high net-worth individuals, family groups.

Balance Sheet

Total Assets (2023)
12,427.70 mln CHF   (-37.03%)
Assets Under Management (2023)
4,523.10 mln CHF   (+48.61%)

In 2023 total assets of Société Générale, Paris, Zweigniederlassung Zürich were 12,427.70 mln CHF. Decline compared to the previous period (2022) was -37.03%. The evolution of the total assets of Société Générale, Paris, Zweigniederlassung Zürich is shown at Chart 1 below.

Total Assets of Société Générale, Paris, Zweigniederlassung Zürich.

Chart 1. Total Assets of Société Générale, Paris, Zweigniederlassung Zürich.

In 2023 assets under management of Société Générale, Paris, Zweigniederlassung Zürich were 4,523.10 mln CHF. Growth compared to the previous period (2022) was 48.61%. The evolution of the assets under management of Société Générale, Paris, Zweigniederlassung Zürich is shown at Chart 2 below.

Assets Under Management of Société Générale, Paris, Zweigniederlassung Zürich.

Chart 2. Assets Under Management of Société Générale, Paris, Zweigniederlassung Zürich.

Income Statement

Gross Profit (2023)
129.30 mln CHF   (-3.65%)
Operating Income (2023)
51.80 mln CHF   (+5.93%)
Annual Profit (2023)
42.90 mln CHF   (+6.45%)

In 2023 gross profit of Société Générale, Paris, Zweigniederlassung Zürich was 129.30 mln CHF. Decline compared to the previous period (2022) was -3.65%. The evolution of the gross profit of Société Générale, Paris, Zweigniederlassung Zürich is shown at Chart 3 below.

Gross Profit of Société Générale, Paris, Zweigniederlassung Zürich.

Chart 3. Gross Profit of Société Générale, Paris, Zweigniederlassung Zürich.

Recent changes in gross profit of Société Générale, Paris, Zweigniederlassung Zürich and its main components are shown in Table 1.

2022 2023 change (%)
Net Interest Income 37.5 46.0 +22.67%
Net Commission Income 91.2 81.8 -10.31%
Net Income from Trading Operations 1.8 1.0 -44.44%
Gross Profit 134.2 129.3 -3.65%

Table 1. Recent changes in gross profit of Société Générale, Paris, Zweigniederlassung Zürich (mln CHF).

In 2023 annual profit of Société Générale, Paris, Zweigniederlassung Zürich was 42.90 mln CHF. Growth compared to the previous period (2022) was 6.45%. The evolution of the annual profit of Société Générale, Paris, Zweigniederlassung Zürich is shown at Chart 4 below.

Annual Profit of Société Générale, Paris, Zweigniederlassung Zürich.

Chart 4. Annual Profit of Société Générale, Paris, Zweigniederlassung Zürich.

Number of Employees

Number of Employees (2023)
169   (-1.74%)

In 2023 there were 169 employees of Société Générale, Paris, Zweigniederlassung Zürich. Decline compared to the previous period (2022) was -1.74%. The evolution of the number of employees of Société Générale, Paris, Zweigniederlassung Zürich is shown at Chart 5 below.

Number of Employees of Société Générale, Paris, Zweigniederlassung Zürich.

Chart 5. Number of Employees of Société Générale, Paris, Zweigniederlassung Zürich.

Market Share and Rank (among banks in Switzerland)

Total Assets (2023)
31st (market share 0.45%)

In 2023 Société Générale, Paris, Zweigniederlassung Zürich was ranked the 31st largest bank in Switzerlandin terms of total assets, having 0.45% of the domestic market share.

Market share of Société Générale, Paris, Zweigniederlassung Zürich (among banks in Switzerland)

Chart 6. Market share of Société Générale, Paris, Zweigniederlassung Zürich (among banks in Switzerland)

Historical changes in Société Générale, Paris, Zweigniederlassung Zürich's domestic rank and market share over 2019-2023 are shown below:

YearRankMarket %
2023310.45 %
2022250.58 %
2021300.43 %
2020280.63 %
2019370.42 %

TheBanks.eu identified several banks banks having the market shares and ranks closest to Société Générale, Paris, Zweigniederlassung Zürich listed below.

RankNameMarket %Total Assets
30 Bank CIC (Schweiz) AG0.46%12,653.00 mln CHF   (-2.49%)
31 Société Générale, Paris, Zweigniederlassung Zürich0.45%12,427.70 mln CHF   (-37.03%)
32 Banque cantonale neuchâteloise0.43%11,878.91 mln CHF   (+5.07%)

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

Total Assets (2023)
1st (market share 41.10%)

In 2023 Société Générale, Paris, Zweigniederlassung Zürich was ranked the 1st largest branches of foreign bank in Switzerlandin terms of total assets, having 41.10% of the category's market share.

Market share of Société Générale, Paris, Zweigniederlassung Zürich (among Branches of foreign banks in Switzerland)

Chart 7. Market share of Société Générale, Paris, Zweigniederlassung Zürich (among Branches of foreign banks in Switzerland)

TheBanks.eu identified several banks branches of foreign banks having the market shares and ranks closest to Société Générale, Paris, Zweigniederlassung Zürich listed below.

RankNameMarket %Total Assets
1 Société Générale, Paris, Zweigniederlassung Zürich41.10%12,427.70 mln CHF   (-37.03%)
2 ING Bank N.V., Amsterdam, succursale de Lancy/Genève29.52%8,928.10 mln CHF   (-14.02%)
3 JPMorgan Chase Bank, National Association, Columbus, Zurich Branch11.20%3,387.90 mln CHF   (-47.16%)

Identifiers of Société Générale, Paris, Zweigniederlassung Zürich

Discover key identifiers of Société Générale, Paris, Zweigniederlassung Zürich including its BIC, company number.

BIC (Business Identifier Code)

BIC: RUEGCHZZXXX

The BIC (also known as SWIFT code) for Société Générale, Paris, Zweigniederlassung Zürich is RUEGCHZZXXX. It is used in financial transactions like cross-border and SEPA payments, and helps identify the bank in global banking systems.

KeyValue
BIC RUEGCHZZXXX
Bank BIC Code RUEG
Country Code CH (Switzerland)
Location Code ZZ
Branch Code XXX

Company Registration Number

Company Registration Number: CHE-105.273.103

Société Générale, Paris, Zweigniederlassung Zürich is registered in Switzerland under company number CHE-105.273.103. In Switzerland, Company Registration Number (UID) is assigned automatically when registering a company. The UID is a unique and unchangeable identifier which simplifies communication between enterprises and authorities. UIDs are made up of the country code ‘CHE’ and nine digits.

KeyValue
Company Number CHE-105.273.103

Banks Similar to Société Générale, Paris, Zweigniederlassung Zürich

TheBanks.eu identified several banks similar to Société Générale, Paris, Zweigniederlassung Zürich based on various criteria, including:

  • country of incorporation
  • bank category
  • business focus
  • originating country
  • total assets (market share)

Bank Category
Branches of foreign banks
Business Focus
wholesale banking
Total Assets
8,928.10 mln CHF   (-14.02%)

Bank Category
Branches of foreign banks
Business Focus
investment banking
Total Assets
3,387.90 mln CHF   (-47.16%)

Bank Category
Branches of foreign banks
Business Focus
investment banking
Total Assets
3,112.40 mln CHF   (-53.51%)

Bank Category
Branches of foreign banks
Business Focus
private and corporate banking
Total Assets
1,328.77 mln CHF   (+12.15%)

Bank Category
Branches of foreign banks
Business Focus
securities services
Total Assets
545.40 mln CHF   (-17.19%)

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