CIM Bank is a Swiss
private bank
Private banks are banks owned by either the individual or a general partner(s) with limited partner(s). Private banks are not incorporated. In any such case, creditors can look to both the "entirety of the bank's assets" as well as the entiret ...
. Founded in
Geneva
Geneva ( ; french: Genève ) frp, Genèva ; german: link=no, Genf ; it, Ginevra ; rm, Genevra is the second-most populous city in Switzerland (after Zürich) and the most populous city of Romandy, the French-speaking part of Switzerland. Situ ...
in 1990, by Francesco Signorio. Since then the Bank has been continuously growing every year. The Bank actually serves around 10'000 institutional, corporate and private clients worldwide.
The Bank has 165 employees and is located in
Geneva
Geneva ( ; french: Genève ) frp, Genèva ; german: link=no, Genf ; it, Ginevra ; rm, Genevra is the second-most populous city in Switzerland (after Zürich) and the most populous city of Romandy, the French-speaking part of Switzerland. Situ ...
,
Wollerau
Wollerau is a municipality in Höfe District in the canton of Schwyz in Switzerland. It lies on the upper Zürichsee.
Geography
Wollerau has an area, , of . Of this area, 56.9% is used for agricultural purposes, while 13.6% is forested. Of ...
and
Lugano
Lugano (, , ; lmo, label=Ticinese dialect, Ticinese, Lugan ) is a city and municipality in Switzerland, part of the Lugano District in the canton of Ticino. It is the largest city of both Ticino and the Italian-speaking southern Switzerland. Luga ...
. CIM Bank is engaged in commercial transactions, commodities trading,
investment banking
Investment banking pertains to certain activities of a financial services company or a corporate division that consist in advisory-based financial transactions on behalf of individuals, corporations, and governments. Traditionally associated with ...
,
asset management
Asset management is a systematic approach to the governance and realization of value from the things that a group or entity is responsible for, over their whole life cycles. It may apply both to tangible assets (physical objects such as buildings ...
and
online trading
In computer technology and telecommunications, online indicates a state of connectivity and offline indicates a disconnected state. In modern terminology, this usually refers to an Internet connection, but (especially when expressed "on line" or ...
. CIM Bank is regulated by
FINMA
The Swiss Financial Market Supervisory Authority (FINMA) is the Swiss government body responsible for financial regulation. This includes the supervision of banks, insurance companies, stock exchanges and securities dealers, as well as other fi ...
, and is a member of the
Swiss Bankers Association
The Swiss Bankers Association is a professional organization of Swiss financial institutions.
Background
The trade association known as the Swiss Bankers Association was founded in 1912 in Basel, Switzerland. It is the primary industry gro ...
. CIM Bank is also a member of
SIX Swiss Exchange
SIX Swiss Exchange (formerly SWX Swiss Exchange), based in Zurich, is Switzerland's principal stock exchange (the other being Berne eXchange). SIX Swiss Exchange also trades other securities such as Swiss government bonds and derivatives such as ...
.
The Bank is currently allowing their customers to trade in more than 20 currencies and various precious metals.
Services
CIM Bank provides personal current accounts, commercial (corporate) accounts and deposit accounts. It also provides online trading services in partnership with
Interactive Brokers
Interactive Brokers LLC (IB) is an American multinational brokerage firm. It operates the largest electronic trading platform in the U.S. by number of daily average revenue trades. The company brokers stocks, options, futures, EFPs, futures op ...
.
"Le trading ultra-sophistiqué"
''AGEFI'' - 31 March 2011
One of their strengths is the multi-currency account, allowing their clients to use a variety of currencies simply and efficiently.
The Bank provides a variety of tools to help companies trades in global markets.
They have also made a process to open an online account with electronic signatures and digital passports authentification.
Their clients have access to many card options: Union Pay, Visa, Mastercard, Swiss Bankers and American Express.
Values
For CIM Bank every client is unique. The bank is committed to assist every client in their every day needs in order to help them maximize the value of their business.
The strength of the bank resides in the diversity of their Private Bankers. Their team speaks multiple languages and uses their skills to serve private and institutional customers by offering personalized relationships and individual financial solutions.
Regulations
As a Swiss Bank, CIM Bank are under the banking laws of Switzerland and they need to report to the FINMA which is also making sure the Bank is respecting the laws. Furthermore, the deposits made are covered up to a limit of 100’000 CHF per client by Esisuisse.
References
External links
Official website
{{DEFAULTSORT:Cim Bank
Banks of Switzerland
Companies based in Geneva