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A Unique Chain of Expertise
Created in 1991 by the 80 banks that were members of the Geneva stock exchange, the Geneva Financial Center Foundation is the umbrella association of the financial sector. Finance and banking generate 37,900 jobs and account for 12.4% of Geneva's GDP. The three main pillars of the financial sector are private and institutional wealth management, commodity trade financing, and 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 strong financial center benefits the entire economy as well as the population of Geneva as a whole.
The Geneva Financial Center Foundation focuses its activities on three main strategic priorities:
- Commitment to maintaining an attractive business environment;
- Increase in promotional and communication initiatives;
- Particular emphasis on continuing professional development for financial sector employees