Switzerland: Selected Issues and Statistical Appendix
April 3, 2000
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The Swiss banking system is characterized by a two-tier structure. The first tier is composed of the two large banks and some smaller banks focused on private banking, all of which have a significant international presence. These banks represent, so to speak, the “international face” of the Swiss banks. They are mostly joint-stock companies or privately owned (unlimited personal liability). The second tier is composed of a varied group of banks, mostly focused on domestic, or even regional, business.
Subject: Balance of payments, Banking, Current account, Current account surpluses, External position, Financial institutions, Financial services, Foreign assets, Foreign banks, Investment banking, Personal income
Keywords: asset, asset characteristic, bank, cantonal bank, CR, Current account, Current account surpluses, Europe, foreign assets, Foreign assets, Foreign banks, Global, Investment banking, ISCR, portfolio equity assets, portfolio share, share
Pages:
86
Volume:
2000
DOI:
Issue:
043
Series:
Country Report No. 2000/043
Stock No:
1CHEEA0022000
ISBN:
9781451957297
ISSN:
1934-7685
