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Economy and Banking Sector of Switzerland

Major Banks of Switzerland

Rank
1
Total Assets
569.30 bln CHF  (+6.85%)
Market Share
17.19 %
Rank
2
Total Assets
463.68 bln CHF  (-1.80%)
Market Share
14.00 %
Rank
3
Total Assets
285.01 bln CHF  (-2.74%)
Market Share
8.61 %
Rank
4
Total Assets
248.35 bln CHF  (+10.21%)
Market Share
7.50 %
Rank
5
Total Assets
222.72 bln CHF  (-0.01%)
Market Share
6.72 %
Rank
6
Total Assets
165.87 bln CHF  (-1.46%)
Market Share
5.01 %
Rank
7
Total Assets
125.57 bln CHF  (+5.48%)
Market Share
3.79 %

#1: Credit Suisse AG

Founded in 1856, Credit Suisse is a Swiss-based international financial company. Credit Suisse is one of the largest universal banks in Switzerland offering comprehensive advice and a broad range of retail, private, corporate banking products and services to individuals, corporate and institutional clients. On the international markets Credit Suisse offers wealth management and investment banking solutions.

Services
retail banking
private banking
corporate banking
investment banking
Area Served
CHSwitzerland
Products
current accounts
credit cards
savings accounts
consumer loans
mortgage loans

Credit Suisse AG is the 1st largest bank in Switzerland in terms of total assets. In 2019 its total assets were 569,30 bln CHF, providing the bank with the market share of 17.19%. Credit Suisse AG is the 1st largest big bank in Switzerland (out of 4 big banks) having market share of 36.95% amongst the banks of this category.

Credit Suisse AG is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is A- (high credit quality). Credit Suisse AG participates in the deposit guarantee scheme of Switzerland. This scheme covers accounts up to 100,000 CHF per bank per depositor.

#2: UBS AG

UBS AG is a member of UBS Group, a Swiss global financial service provider. In 2015 in response to regulatory requirements UBS AG's Retail & Corporate and Wealth Management businesses in Switzerland were transferred to newly founded UBS Switzerland AG. UBS AG offers wealth management, investment banking and asset management services to individuals, institutions, corporations, governments, and financial intermediaries.

Services
asset management
wealth management
corporate banking
investment banking
Clients
individuals
institutions
governments
corporations
Area Served
Worldwide

UBS AG is the 2nd largest bank in Switzerland in terms of total assets. In 2019 its total assets were 463,68 bln CHF, providing the bank with the market share of 14.00%. UBS AG is the 2nd largest big bank in Switzerland (out of 4 big banks) having market share of 30.10% amongst the banks of this category.

UBS AG is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is AA- (very high credit quality). Long-term credit rating assigned to the bank by Moody's is Aa2 (high grade). UBS AG participates in the deposit guarantee scheme of Switzerland. This scheme covers accounts up to 100,000 CHF per bank per depositor.

#3: UBS Switzerland AG

UBS Switzerland AG was established in 2015 to improve the resolvability of UBS Group in response to regulatory requirements. UBS AG's Retail & Corporate and Wealth Management businesses in Switzerland were transferred to newly founded UBS Switzerland AG.

Services
retail banking
private banking
wealth management
corporate banking
Area Served
CHSwitzerland
Products
current accounts
credit cards
savings accounts
consumer loans
mortgage loans

UBS Switzerland AG is the 3rd largest bank in Switzerland in terms of total assets. In 2019 its total assets were 285,01 bln CHF, providing the bank with the market share of 8.61%. UBS Switzerland AG is the 3rd largest big bank in Switzerland (out of 4 big banks) having market share of 18.50% amongst the banks of this category.

UBS Switzerland AG participates in the deposit guarantee scheme of Switzerland. This scheme covers accounts up to 100,000 CHF per bank per depositor.

#4: Raiffeisen-Gruppe

Raiffeisen Group is a Swiss banking group consisting of about 300 local cooperative Raiffeisen banks, specializing in retail banking. Raiffeisen Group creates a framework for activities of the local Raiffeisen banks (for example IT, infrastructure, refinancing), advises and supports Raiffeisen banks in all matters as well as provides mutual liquidity pool for the Raiffeisen banks.

Services
retail banking
Area Served
CHSwitzerland
Products
current accounts
debit cards
credit cards
savings accounts
consumer loans
mortgage loans

Raiffeisen-Gruppe is the 4th largest bank in Switzerland in terms of total assets. In 2019 its total assets were 248,35 bln CHF, providing the bank with the market share of 7.50%.

Raiffeisen-Gruppe participates in the deposit guarantee scheme of Switzerland. This scheme covers accounts up to 100,000 CHF per bank per depositor.

#5: Credit Suisse (Schweiz) AG

Credit Suisse (Schweiz) AG was established as a wholly owned subsidiary of Credit Suisse AG and took over the banking relationships of clients domiciled in Switzerland from the parent company.

Services
retail banking
private banking
corporate banking
investment banking
Area Served
CHSwitzerland
Products
current accounts
credit cards
savings accounts
time deposit accounts
consumer loans
mortgage loans

Credit Suisse (Schweiz) AG is the 5th largest bank in Switzerland in terms of total assets. In 2019 its total assets were 222,72 bln CHF, providing the bank with the market share of 6.72%. Credit Suisse (Schweiz) AG is the 4th largest big bank in Switzerland (out of 4 big banks) having market share of 14.46% amongst the banks of this category.

Credit Suisse (Schweiz) AG participates in the deposit guarantee scheme of Switzerland. This scheme covers accounts up to 100,000 CHF per bank per depositor.

#6: Zürcher Kantonalbank

Founded in 1870, Zürcher Kantonalbank is a universal bank, providing retail and corporate banking products mainly to the canton residents (natural persons and legal entities). Traditionally for cantonal banks, Zürcher Kantonalbank is especially strong in savings and mortgage products. Like most of the cantonal banks, Zürcher Kantonalbank has full state guarantee of its liabilities.

Services
retail banking
private banking
business banking
Area Served
mainly the canton
Products
current accounts
debit cards
credit cards
savings accounts
time deposit accounts
pension plans
consumer loans
mortgage loans
investment funds
leasing
trade finance

Zürcher Kantonalbank is the 6th largest bank in Switzerland in terms of total assets. In 2019 its total assets were 165,87 bln CHF, providing the bank with the market share of 5.01%. Zürcher Kantonalbank is the 1st largest cantonal bank in Switzerland (out of 24 cantonal banks) having market share of 26.47% amongst the banks of this category. In 2018 the bank's annual profit was 788,22 mln CHF.

Zürcher Kantonalbank is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is AAA (highest credit quality). Long-term credit rating assigned to the bank by Moody's is Aaa (prime).

#7: PostFinance AG

PostFinance AG was established 1906 as a financial services division of Swiss Post. In 2013 PostFinance obtained its banking license. PostFinance offers retail banking products and services to private and corporate customers.

Services
private banking
business banking
Clients
natural persons
companies
Products
current accounts
debit cards
credit cards
mortgage loans
trading accounts
pension plans

PostFinance AG is the 7th largest bank in Switzerland in terms of total assets. In 2019 its total assets were 125,57 bln CHF, providing the bank with the market share of 3.79%.

PostFinance AG participates in the deposit guarantee scheme of Switzerland. This scheme covers accounts up to 100,000 CHF per bank per depositor.

See Also