AP Anlage & Privatbank is a Swiss private bank with its headquarters in Zurich. The bank was established in 1995 by Hypo Bank (Germany). In 2004 the bank was acquired by Latvian Parex Group. Currently the bank is 100% subsidiary of Citadele Banka (Latvia).
The bank is active in the Baltics, Russia and all CIS-markets. Due to this particular setting with roots in both Switzerland and Latvia, the bank combines Swiss banking know-how with a profound market understanding of the Baltics, Russia and CIS-countries, which gives the bank a significant competitive advantage.
The bank has its representative offices in Latvia and Ukraine.
In 2014 total assets of AP Anlage & Privatbank AG were 341.16 mln CHF. Growth compared to the previous period (2013) was 34.49%.
AP Anlage & Privatbank is a member of government Swiss Deposit Guarantee Scheme and in case of failure all eligible depositors will be covered with compensation up to 100,000 CHF.