Switzerland: Selected Issues and Statistical Appendix
Electronic Access:
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Summary:
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.
Series:
Country Report No. 2000/043
Subject:
Balance of payments Banking Current account Current account surpluses External position Financial institutions Financial services Foreign assets Foreign banks Investment banking Personal income
English
Publication Date:
April 3, 2000
ISBN/ISSN:
9781451957297/1934-7685
Stock No:
1CHEEA0022000
Pages:
86
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