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).
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%.
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.
| 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.
Chart 1. Total Assets of UNION BANCAIRE PRIVEE, UBP SA.
| 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 |
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 |
This bank operates in the following European countries and selected dependent territories of the European countries: