Stability and security

Banque Eric Sturdza is a family owned Swiss regulated bank that only provides private banking and investment management services. The bank is not involved in any commercial lending activities and does not take proprietary trading positions.

All assets placed in custody with the bank, or invested on behalf of clients through discretionary, or advisory mandates are held in segregated accounts and under applicable accounting standards are not included on the bank’s balance sheet. This means that in a liquidation scenario client assets are safely segregated from the bank’s assets. Under Swiss laws and global accounting regulations the only assets that would form part of the bank’s balance sheet would be cash placed by clients with Banque Eric Sturdza in current accounts, or on deposit. This cash is protected by the Swiss deposit insurance scheme, which protects client assets against loss up to the amount of CHF 100 000. This guarantee is regulated by law.

The Bank only provides clients with secured lending facilities. All such loans are covered by charge taken over the borrower’s investment portfolio. The bank’s loan book is very conservative and represents less than 10% of the assets under management.

Also, the Bank maintains a high level of liquidity and strictly limits its exposures towards other financial institutions, in particular “too big to fail” establishments.

Banque Eric Sturdza is subject to regulatory oversight from the Swiss regulators, FINMA, it must also adhere to the international regulatory framework for banks, Basel Ill, which sets out minimum capital and liquidity standards. The bank exceeds all of these requirements.