641909 Branches of foreign banks


Most branches of foreign banks operate in the field of investment banking. They focus in their geographical scope of activities particularly on their country of origin. Unlike foreign-controlled banks, the branches of foreign banks are not legal entities in their own right. In terms of their business operations, as in legal respects, they are subordinated to their parent company.

branch offices of foreign banks

Codification rules

Banks

Banking is coded based on the Swiss National Bank (SNB):
• NOGA codes concerned: 641901 to 641911
• Annual publication of a list of all institutions of banking statistics
• Link : www.snb.ch -> Statistics -> Statistical publications -> Banks in Switzerland
https://www.snb.ch/de/iabout/stat/statrep/id/statpub_bankench

Corresponding NOGA2002 codes