Credit Suisse Group is one of the world-leading financial services companies. The group is established as a result of a merger of Credit Suisse and Credit Suisse First Boston in 2005. After the merger, there are only two big banks left - UBS AG and the Credit Suisse Group, taking together over 50% of the balance sheet total of all banks in Switzerland. Credit Suisse is domiciled in Zürich and has branches in Cayman, Dubai, Guernsey, Hong Kong, Labuan, London, Luxemburg, Madrid, Milano, Nassau, New York, Paris, Seoul, Shanghai, Singapore, Sydney, Taipei, Tokyo, Toronto.
Banca Commerciale Lugano (BCL) – founded in 1963, specializing in activities of Private Banking and Trade Finance. The bank works in the sector of high-end banking services and products. BCL is a member of the Swiss Bankers Association and of the Banking Association of Ticino. BCL provides a diverse range of credit products, especially focusing on import and export financing through documentary credit, corporate financing for supplying goods intended for further manufacturing and subsequent resale, and structured credits for commercial and industrial corporations. Other services provided are estate management, financial consulting, and family office. BCL complies with the circulars of the Swiss Federal Banking Commission.
| Year | Equity | Capital | Reserves | Balance |
|---|---|---|---|---|
| 2002 | 17,946,199 104,270 | 4,399,665 40,000 | 13,546,534 64,270 | 222,389,307 604,864 |
| 2003 | 17,946,199 105,370 | 4,399,665 40,000 | 13,546,534 65,370 | 217,425,040 536,780 |
| 2004 | 17,957,688 105,650 | 4,399,665 40,000 | 13,558,023 65,650 | 288,052,537 483,648 |
| 2005 | 23,734,561 107,970 | 4,399,665 40,000 | 19,334,896 67,970 | 550,903,039 500,793 |
| 2006 | 23,700,092 109,020 | 4,399,665 40,000 | 19,300,427 69,020 | 612,631,299 410,616 |