Switzerland Financial Sector Assessment Program: Technical Note: The Swiss Banking System: Structure, Performance, and Medium-Term Challenges
This technical note discusses the banking system structure, performance, and medium-term challenges for Switzerland. The note discusses that the Swiss banking sector has been undergoing a substantial consolidation over the last 10 years, but retains a rich collection of institutional types operating...
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Format: | eBook |
Language: | English |
Published: |
Washington, D.C.
International Monetary Fund
2007
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Series: | IMF Staff Country Reports
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Subjects: | |
Online Access: | |
Collection: | International Monetary Fund - Collection details see MPG.ReNa |
Summary: | This technical note discusses the banking system structure, performance, and medium-term challenges for Switzerland. The note discusses that the Swiss banking sector has been undergoing a substantial consolidation over the last 10 years, but retains a rich collection of institutional types operating in various business segments. Consolidation has been partly driven by competitive pressures following the burst of the housing market bubble and entailed a substantial reduction in the number of institutions and branches. Smaller banks have been also developing owing to various types of cost-sharing arrangements |
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Physical Description: | 38 pages |
ISBN: | 9781451807349 |