Société Générale, Paris, Zweigniederlassung Zürich

Established in 1864, Société Générale is one of the largest French banks. Société Générale is a universal bank, offering its clients retail, corporate, investment banking products and services as well as private banking and asset management.

Bank Category

Branches of foreign banks

Financials

Total Assets (2017)
23 853.61 mln CHF  (+65.68%)
Annual Profit (2017)
39.70 mln CHF  (-9.36%)
Number of Employees (2017)
163  (+2.07%)

Société Générale, Paris, Zweigniederlassung Zürich is the 22nd largest bank in Switzerland in terms of total assets. In 2017 its total assets were 23 853,61 mln CHF, providing the bank with the market share of 0.74%. Société Générale, Paris, Zweigniederlassung Zürich is the 1st largest branches of foreign bank in Switzerland (out of 23 branches of foreign banks) having market share of 25.56% amongst the banks of this category. In 2017 the bank's annual profit was 39,70 mln CHF. Société Générale, Paris, Zweigniederlassung Zürich had 163 employees in 2017.

Société Générale, Paris, Zweigniederlassung Zürich participates in deposit guarantee scheme of Switzerland. This scheme covers accounts up to 100 000 CHF per bank per depositor.

Contacts

Rue de la Corraterie 6, 1211, Zürich, Switzerland
5022
022 819 02 02
022 819 04 03

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

Bank Identifiers

BIC (SWIFT)
RUEGCHZZXXX
Company Number
CHE-105.273.103
Founded
1926

Financial Positions

Total Assets (2017)
23 853.61 mln CHF  (+65.68%)
Assets Under Management (2017)
1 450.90 mln CHF  (+0.49%)

In 2017 total assets of Société Générale, Paris, Zweigniederlassung Zürich were 23 853.61 mln CHF. Growth compared to the previous period (2016) was 65.68%. 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 2017 assets under management of Société Générale, Paris, Zweigniederlassung Zürich were 1 450.90 mln CHF. Growth compared to the previous period (2016) was 0.49%. 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.

Profit and Loss

Gross Profit (2017)
126.20 mln CHF  (+0.48%)
Operating Income (2017)
50.70 mln CHF  (-5.23%)
Annual Profit (2017)
39.70 mln CHF  (-9.36%)

In 2017 gross profit of Société Générale, Paris, Zweigniederlassung Zürich was 126.20 mln CHF. Growth compared to the previous period (2016) was 0.48%. 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.

2016 2017 % change
Net Interest Income 21.8 27.3 +25.23%
Net Commission Income 97.6 92.4 -5.33%
Net Income from Trading Operations 1.2 1.4 +16.67%
Gross Profit 125.6 126.2 +0.48%
Table 1. Recent changes in gross profit of Société Générale, Paris, Zweigniederlassung Zürich (mln CHF).

In 2017 annual profit of Société Générale, Paris, Zweigniederlassung Zürich was 39.70 mln CHF. Decline compared to the previous period (2016) was -9.36%. 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 (2017)
163  (+2.07%)

In 2017 there were 163 employees of Société Générale, Paris, Zweigniederlassung Zürich. Growth compared to the previous period (2016) was 2.07%. 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 (2017)
22nd (market share 0.74%)

In 2017 Société Générale, Paris, Zweigniederlassung Zürich was ranked the 22nd largest bank in Switzerland in terms of total assets, having 0.74% 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)

Several banks having the market shares and ranks closest to Société Générale, Paris, Zweigniederlassung Zürich are shown below.

RankNameTotal AssetsMarket Share
21 Basler Kantonalbank24085.53 mln CHF0.74%
22 Société Générale, Paris, Zweigniederlassung Zürich23853.61 mln CHF0.74%
23 Neue Aargauer Bank AG23076.16 mln CHF0.71%
 

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

Total Assets (2017)
1st (market share 25.56%)

In 2017 Société Générale, Paris, Zweigniederlassung Zürich was ranked the 1st largest branches of foreign bank in Switzerland in terms of total assets, having 25.56% 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)

Several branches of foreign banks having the market shares and ranks closest to Société Générale, Paris, Zweigniederlassung Zürich are shown below.

RankNameTotal AssetsMarket Share
1 Société Générale, Paris, Zweigniederlassung Zürich23853.61 mln CHF25.56%
2 Barclays Capital, Zurich Branch of Barclays Bank PLC, London20103.17 mln CHF21.54%
3 ING Belgique, Bruxelles, succursale de Genève13376.97 mln CHF14.33%
 

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 Société Générale, Paris, 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 Société Générale, Paris, Zweigniederlassung Zürich and its components are shown in the table below.

BIC  RUEGCHZZXXX
Bank BIC Code  RUEG
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-105.273.103

European Presence: 23 banks in 18 countries

Société Générale, Paris, Zweigniederlassung Zürich operates under the brand name Societe Generale. This banking brand has presence in the following European countries and selected dependent territories of the European countries:

Austria

Belgium

Cayman Islands

Cyprus

France

Germany

Ireland

Italy

Luxembourg

Montenegro

Netherlands

Poland

Serbia

Spain

Sweden

Switzerland

  •  (this bank) Société Générale, Paris, Zweigniederlassung Zürich (Zürich)

Turkey

United Kingdom

Defunct Banks: 2 banks in 2 countries

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

Luxembourg

Netherlands