MBaer Merchant Bank AG

Description

MBaer Merchant Bank AG is a Swiss bank in Zurich, operating since 2018.

In December 2018, the new Swiss bank MBaer Merchant Bank received a FINMA license (https://www.finma.ch/en /, Swiss Financial Market Supervisory Authority). The founder of the bank was Michael Baer, the great-grandson of Julius Baer, who created the legendary JULIUS BAER BANK 130 years ago.

For many years, Michael Baer was a member of the Executive Board of the JULIUS BAER GROUP AG. In 2015, he decided to create a new merchant bank in Switzerland.
The fundamental value of Switzerland, as you know, is a reverent attitude to the privacy of any person's private life.

MBaer positions itself as a bank for entrepreneurs, their families and their companies. MBaer's services include asset and liability management, risk management and trade finance.
MBaer provides financial services to private clients and commercial entities using an Internet banking system.

Advantages:
- A personal meeting is not required to open an account (remote account opening is possible);
- MBaer Merchant Bank AG is the 236th largest Swiss bank by assets and the 41st largest exchange–traded bank in the country;
- The Bank works with companies from different jurisdictions, namely: Austria, British Virgin Islands, Cyprus, Germany, Hungary, Italy, Mexico, Russian Federation, Singapore, Spain, Switzerland, Turkey, Ukraine, UAE, United Kingdom; other jurisdictions upon request;
- MBaer participates in a deposit guarantee scheme in Switzerland. This scheme applies to loan balances made by individuals (Swiss and foreign), legal entities (residents and non-residents), and covers up to 100,000 francs per depositor;
- SWIFT transfers are available;
- There is Russian-speaking support.

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