Press Releases

The banking sector contributes in a significant way to the GDP of the Canton of Geneva (12%). Financial institutions developed very solidly in the first semester 2019, with assets under management increasing. Sustainable finance and digitalisation present opportunities, as long as the fiscal and legal framework supports their development. Education and training remain key factors in the financial centre’s competitiveness and capacity to innovate.

The banking sector is a major contributor to the GNP of the canton of Geneva (12%). Financial institutions report a positive outlook for 2018 and 2019. To enable them to continue to act as a main driver of the economy, the Geneva Financial Center supports strong partnerships between the public and private sectors.