The Royal Bank of Scotland plc, Edinburgh, Zweigniederlassung Zürich

In February 2015 The Royal Bank of Scotland announced changes to its business strategy to allow RBS become a more focused bank that is sustainable in the long-term. At the same time RBS announced that it's going to re-focus its transaction banking services on its home market capabilities in the UK and Ireland. In August 2015 The Royal Bank of Scotland Plc, ceased its activity in Switzerland.

Bank Category

Branches of foreign banks

Financials

Total Assets (2016)
216.84 mln CHF  (-87.73%)
Number of Employees (2015)
18  (-40.07%)

The Royal Bank of Scotland plc, Edinburgh, Zweigniederlassung Zürich was the 210th largest bank in Switzerland in terms of total assets. In 2016 its total assets were 216,84 mln CHF, providing the bank with the market share of 0.01%. The Royal Bank of Scotland plc, Edinburgh, Zweigniederlassung Zürich was the 18th largest branches of foreign bank in Switzerland (out of 26 branches of foreign banks) having market share of 0.29% amongst the banks of this category. The Royal Bank of Scotland plc, Edinburgh, Zweigniederlassung Zürich had 18 employees in 2015.

The Royal Bank of Scotland plc, Edinburgh, Zweigniederlassung Zürich participates in deposit guarantee scheme of Switzerland. This scheme covers accounts up to 100 000 CHF per bank per depositor.

The Royal Bank of Scotland plc, Edinburgh, Zweigniederlassung Zürich is a member of The Royal Bank of Scotland (United Kingdom).

Contacts

Lerchenstrasse 24, 8045, Zürich, Switzerland
2921
044 285 55 55
044 285 56 26

The Royal Bank of Scotland plc, Edinburgh, Zweigniederlassung Zürich was located in Zürich.

Bank Identifiers

BIC (SWIFT)
ABNACHZ8XXX
Company Number
CHE-114.864.384
Founded
2009
Closed
2017

Financial Positions

Total Assets (2016)
216.84 mln CHF  (-87.73%)
Assets Under Management (2015)
0.00 CHF

In 2016 total assets of The Royal Bank of Scotland plc, Edinburgh, Zweigniederlassung Zürich were 216.84 mln CHF. Decline compared to the previous period (2015) was -87.73%. The evolution of the total assets of The Royal Bank of Scotland plc, Edinburgh, Zweigniederlassung Zürich is shown at Chart 1 below.

Total Assets of The Royal Bank of Scotland plc, Edinburgh, Zweigniederlassung Zürich.

Chart 1. Total Assets of The Royal Bank of Scotland plc, Edinburgh, Zweigniederlassung Zürich.

In 2015 assets under management of The Royal Bank of Scotland plc, Edinburgh, Zweigniederlassung Zürich were 0.00 CHF. The value didn't change compared to the previous period (2014). The evolution of the assets under management of The Royal Bank of Scotland plc, Edinburgh, Zweigniederlassung Zürich is shown at Chart 2 below.

Assets Under Management of The Royal Bank of Scotland plc, Edinburgh, Zweigniederlassung Zürich.

Chart 2. Assets Under Management of The Royal Bank of Scotland plc, Edinburgh, Zweigniederlassung Zürich.

Profit and Loss

Gross Profit (2015)
10.90 mln CHF  (-1.80%)
Annual Profit (2015)
8.40 mln CHF  (-1.18%)

In 2015 gross profit of The Royal Bank of Scotland plc, Edinburgh, Zweigniederlassung Zürich was 10.90 mln CHF. Decline compared to the previous period (2014) was -1.80%. The evolution of the gross profit of The Royal Bank of Scotland plc, Edinburgh, Zweigniederlassung Zürich is shown at Chart 3 below.

Gross Profit of The Royal Bank of Scotland plc, Edinburgh, Zweigniederlassung Zürich.

Chart 3. Gross Profit of The Royal Bank of Scotland plc, Edinburgh, Zweigniederlassung Zürich.

Recent changes in gross profit of The Royal Bank of Scotland plc, Edinburgh, Zweigniederlassung Zürich and its main components are shown in Table 1.

2014 2015 % change
Net Interest Income 0.6 -0.8
Net Commission Income 25.6 12.4 -51.56%
Net Income from Trading Operations 3.0 2.6 -13.33%
Net Income from Banking Operations 30.6 20.8 -32.03%
Gross Profit 11.1 10.9 -1.80%
Table 1. Recent changes in gross profit of The Royal Bank of Scotland plc, Edinburgh, Zweigniederlassung Zürich (mln CHF).

In 2015 annual profit of The Royal Bank of Scotland plc, Edinburgh, Zweigniederlassung Zürich was 8.40 mln CHF. Decline compared to the previous period (2014) was -1.18%. The evolution of the annual profit of The Royal Bank of Scotland plc, Edinburgh, Zweigniederlassung Zürich is shown at Chart 4 below.

Annual Profit of The Royal Bank of Scotland plc, Edinburgh, Zweigniederlassung Zürich.

Chart 4. Annual Profit of The Royal Bank of Scotland plc, Edinburgh, Zweigniederlassung Zürich.

Number of Employees

Number of Employees (2015)
18  (-40.07%)

In 2015 there were 18 employees of The Royal Bank of Scotland plc, Edinburgh, Zweigniederlassung Zürich. Decline compared to the previous period (2014) was -40.07%. The evolution of the number of employees of The Royal Bank of Scotland plc, Edinburgh, Zweigniederlassung Zürich is shown at Chart 5 below.

Number of Employees of The Royal Bank of Scotland plc, Edinburgh, Zweigniederlassung Zürich.

Chart 5. Number of Employees of The Royal Bank of Scotland plc, Edinburgh, Zweigniederlassung Zürich.

Market Share and Rank (among banks in Switzerland)

Total Assets (2016)
210th (market share 0.01%)

In 2016 The Royal Bank of Scotland plc, Edinburgh, Zweigniederlassung Zürich was ranked the 210th largest bank in Switzerland in terms of total assets, having 0.01% of the domestic market share.

Market share of The Royal Bank of Scotland plc, Edinburgh, Zweigniederlassung Zürich (among banks in Switzerland)

Chart 6. Market share of The Royal Bank of Scotland plc, Edinburgh, Zweigniederlassung Zürich (among banks in Switzerland)

Several banks having the market shares and ranks closest to The Royal Bank of Scotland plc, Edinburgh, Zweigniederlassung Zürich are shown below.

RankNameTotal AssetsMarket Share
209 Spar- und Leihkasse Wynigen AG219.04 mln CHF0.01%
210 The Royal Bank of Scotland plc, Edinburgh, Zweigniederlassung Zürich (closed)216.84 mln CHF0.01%
211 Banque Havilland (Suisse) S.A.215.40 mln CHF0.01%
 

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

Total Assets (2016)
18th (market share 0.29%)

In 2016 The Royal Bank of Scotland plc, Edinburgh, Zweigniederlassung Zürich was ranked the 18th largest branches of foreign bank in Switzerland in terms of total assets, having 0.29% of the category's market share.

Market share of The Royal Bank of Scotland plc, Edinburgh, Zweigniederlassung Zürich (among Branches of foreign banks in Switzerland)

Chart 7. Market share of The Royal Bank of Scotland plc, Edinburgh, Zweigniederlassung Zürich (among Branches of foreign banks in Switzerland)

Several branches of foreign banks having the market shares and ranks closest to The Royal Bank of Scotland plc, Edinburgh, Zweigniederlassung Zürich are shown below.

RankNameTotal AssetsMarket Share
17 ABANCA CORPORACION BANCARIA S.A., Betanzos, succursale de Genève282.19 mln CHF0.37%
18 The Royal Bank of Scotland plc, Edinburgh, Zweigniederlassung Zürich (closed)216.84 mln CHF0.29%
19 CACEIS Bank, Paris, succursale de Nyon / Suisse (new)192.48 mln CHF0.25%
 

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 The Royal Bank of Scotland plc, Edinburgh, 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 The Royal Bank of Scotland plc, Edinburgh, Zweigniederlassung Zürich and its components are shown in the table below.

BIC  ABNACHZ8XXX
Bank BIC Code  ABNA
Country Code  CH (Switzerland)
Location Code  Z8
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-114.864.384

European Presence: 9 banks in 8 countries

The Royal Bank of Scotland plc, Edinburgh, Zweigniederlassung Zürich operated under the brand name Royal Bank of Scotland. This banking brand has presence in the following European countries and selected dependent territories of the European countries:

Germany

Ireland

Isle of Man

Jersey

Luxembourg

Netherlands

Poland

United Kingdom

Defunct Banks: 22 banks in 19 countries

The following banks operating under Royal Bank of Scotland brand name has been recently closed down:

Austria

Belgium

Cayman Islands

Czech Republic

Denmark

Finland

France

Germany

Greece

Italy

Luxembourg

Netherlands

Norway

Romania

Slovakia

Spain

Sweden

Switzerland

Turkey