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UNION BANCAIRE PRIVEE, UBP SA

Union Bancaire Privée (UBP) is a Swiss private bank, providing private banking and asset management products and services for both individuals and institutional clients. UNION BANCAIRE PRIVEE, UBP SA operates as a branch of Union Bancaire Privée, UBP SA (Switzerland).

Bank Category
Branches of foreign banks

Business Focus
Private Banking
Asset Management

UNION BANCAIRE PRIVEE, UBP SA is the 11th largest bank in Monaco in terms of total assets. In 2016 its total assets were 1 132,93 mln EUR, providing the bank with the market share of 2.54%.

Rank in Monaco
11th largest bank

Total Assets (2016)
1 132.93 mln EUR  (+29.19%)

UNION BANCAIRE PRIVEE, UBP SA participates in deposit guarantee scheme of France. This scheme covers accounts up to 100 000 EUR per bank per depositor.

Headquarters
Union Bancaire Privée, UBP SA (Switzerland)

11 bld des Moulins (MONTE CARLO), 98000, MONACO, Monaco
MFI ID
FR16648
Start Date
31 March 2014

Financial Positions

Total Assets (2016)
1 132.93 mln EUR  (+29.19%)

In 2016 total assets of UNION BANCAIRE PRIVEE, UBP SA were 1 132.93 mln EUR. Growth compared to the previous period (2015) was 29.19%. The evolution of the total assets of UNION BANCAIRE PRIVEE, UBP SA is shown at Chart 1 below.

Total Assets of UNION BANCAIRE PRIVEE, UBP SA.

Chart 1. Total Assets of UNION BANCAIRE PRIVEE, UBP SA.

Market Position and Market Share (among banks in Monaco)

Total Assets (2016)
11th (market share 2.54%)

In 2016 UNION BANCAIRE PRIVEE, UBP SA was the 11th largest bank in Monaco in terms of total assets, having 2.54% of market share.

Market share of UNION BANCAIRE PRIVEE, UBP SA

Chart 2. Market share of UNION BANCAIRE PRIVEE, UBP SA

Several banks with market shares closest to UNION BANCAIRE PRIVEE, UBP SA are shown below.

RankNameTotal AssetsMarket Share
10 Banque JSS (Monaco) SA (closed)1923.47 mln EUR4.32%
11 UNION BANCAIRE PRIVEE, UBP SA (new)1132.93 mln EUR2.54%
12 BSI Monaco SAM (closed)923.79 mln EUR2.07%
 

Deposit Guarantee

Deposit Guarantee
Yes (up to 100 000 EUR per depositor)

Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.

All branches of non-EEA banks operating in Monaco participate in the deposit guarantee scheme of France on the same terms as French credit institutions.

In the case of UNION BANCAIRE PRIVEE, UBP SA failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Eligible Depositors  natural persons, legal entities
Covered Accounts  all deposit accounts (current accounts, demand accounts, passbook accounts, term accounts, home savings accounts, home savings schemes, etc.)
Covered Currencies  EEA currencies
Maximum Protected Amount  100 000 EUR
Paid In Currency  EUR

Further Information

MFI ID

MFI ID (Monetary Financial Institution Identifier) is a code, unique to each institution in the MFI list provided by ECB (European Central Bank). MFI ID is hence applicable to MFIs resident in the European Union.

The code is alphanumerical, with the first two digits representing the two-digit ISO code for the country of residence of the MFI and the remaining number of digits (no limit has been specified) is any combination of alphanumerical characters.

MFI ID of UNION BANCAIRE PRIVEE, UBP SA is shown in the table below.

MFI ID  FR16648

European Presence: 6 banks in 6 countries

This bank operates in the following European countries and selected dependent territories of the European countries:

Italy

Jersey

Luxembourg

Monaco

  •  (this bank) UNION BANCAIRE PRIVEE, UBP SA (MONACO)

Switzerland

United Kingdom