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Economy and Banking Sector of Switzerland

Major Banks of Switzerland

Rank
1
Total Assets
532.82 bln CHF  (-7.53%)
Market Share
16.55 %
Rank
2
Total Assets
472.18 bln CHF  (-1.00%)
Market Share
14.67 %
Rank
3
Total Assets
293.03 bln CHF  (+0.94%)
Market Share
9.10 %
Rank
4
Total Assets
225.33 bln CHF  (+0.04%)
Market Share
7.00 %
Rank
5
Total Assets
222.75 bln CHF  (-0.08%)
Market Share
6.92 %
Rank
6
Total Assets
168.33 bln CHF  (+3.45%)
Market Share
5.23 %
Rank
7
Total Assets
119.05 bln CHF  (-2.12%)

#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
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 2018 its total assets were 532,82 bln CHF, providing the bank with the market share of 16.55%. Credit Suisse AG is the 1st largest big bank in Switzerland (out of 4 big banks) having market share of 35.04% amongst the banks of this category.

Credit Suisse AG is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is A (high credit quality). Long-term credit rating assigned to the bank by Moody's is A1 (upper medium grade). Credit Suisse AG participates in deposit guarantee scheme of Switzerland. This scheme covers accounts up to 100,000 CHF per bank per depositor.

#2: UBS AG

Founded in 1998, UBS is a Swiss-based financial company. UBS 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 UBS is focused on providing financial solutions to wealthy, institutional and corporate clients.

Business Focus
universal banking

UBS AG is the 2nd largest bank in Switzerland in terms of total assets. In 2018 its total assets were 472,18 bln CHF, providing the bank with the market share of 14.67%. UBS AG is the 2nd largest big bank in Switzerland (out of 4 big banks) having market share of 31.05% 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 Aa3 (high grade). UBS AG participates in 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
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 2018 its total assets were 293,03 bln CHF, providing the bank with the market share of 9.10%. UBS Switzerland AG is the 3rd largest big bank in Switzerland (out of 4 big banks) having market share of 19.27% amongst the banks of this category.

UBS Switzerland AG participates in 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
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 2018 its total assets were 225,33 bln CHF, providing the bank with the market share of 7.00%.

Raiffeisen-Gruppe is rated by Moody's. Long-term credit rating assigned to the bank by Moody's is Aa2 (high grade). Raiffeisen-Gruppe participates in 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.

Business Focus
universal banking

Credit Suisse (Schweiz) AG is the 5th largest bank in Switzerland in terms of total assets. In 2018 its total assets were 222,75 bln CHF, providing the bank with the market share of 6.92%. Credit Suisse (Schweiz) AG is the 4th largest big bank in Switzerland (out of 4 big banks) having market share of 14.65% amongst the banks of this category.

Credit Suisse (Schweiz) AG participates in 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
corporate banking
Area Served
mainly the canton
Products
savings products
mortgage loans

Zürcher Kantonalbank is the 6th largest bank in Switzerland in terms of total assets. In 2018 its total assets were 168,33 bln CHF, providing the bank with the market share of 5.23%. Zürcher Kantonalbank is the 1st largest cantonal bank in Switzerland (out of 24 cantonal banks) having market share of 28.04% 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.

Business Focus
retail banking

PostFinance AG is the 7th largest bank in Switzerland in terms of total assets. In 2018 its total assets were 119,05 bln CHF.

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

See Also