The banking sector remains a cornerstone of the Geneva economy and a major contributor to the cantonal GDP (12.9%). Financial institutions attracted net inflows of new assets over the first half of 2020. This is all the more remarkable given the uncertainty surrounding the duration of the recession caused by the coronavirus pandemic.
Press Releases
Find the latest press releases from the Geneva Financial Center. Topics: Fintech, Economic situation, Taxation, Regulation, Framework conditions.
Press Conference - October 2020
The banking sector remains a cornerstone of the Geneva economy and a major contributor to the cantonal GDP (12.9%). Financial institutions attracted net inflows of new assets over the first half of 2020. This is all the more remarkable given the uncertainty surrounding the duration of the recession caused by the coronavirus pandemic.
Framework conditions | Sustainable finance | Economic situationCovid-19 : ce que font les banques et l'Association suisse des banquiers
La situation actuelle générée par le coronavirus met l’économie – en particulier les petites et moyennes entreprises (PME) – à rude épreuve. Les banques assument leur responsabilité de fournisseurs de crédit.
Framework conditions | Economic situationPress Conference - October 2019
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.
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