Created in 1991 by the 80 banks that were members of the Geneva stock exchange, the Geneva Financial Center (GFC) is the umbrella association of the financial sector.
Finance and banking account for 37,000 jobs and 15% of Geneva's GDP. The three main pillars of the financial sector are private and institutional wealth management, commodity trade financing, as well as commercial and retail banking. With the presence of activities such as marine freight and inspection, Geneva has emerged as an economic cluster with a unique concentration of skills. The central mission of the Geneva Financial Center is to support this value chain and to contribute to the development of an optimal business environment for all financial center partners.
A number of very different banking groups and numerous financial intermediaries have emerged over the years and today offer a wide range of products and services in the following three areas:
companies operate in Geneva’s financial sector
Competitiveness: stability and excellence
Geneva has emerged as one of the world's most competitive financial centers due to the stability of its business and regulatory environment, the quality of its infrastructure, and the solid partnerships that exist between universities and the financial sector.
Talent: a large pool of expertise
With 37,000 people employed in the financial sector, Geneva offers a highly qualified workforce.
Innovation: huge untapped digital potential
Committed in equal measure to transparency and the protection of privacy, firmly rooted in tradition but nonetheless innovative at the same time, the Geneva financial center stands out by its high level of investment in digital research and development.