Switzerland : Financial Sector Assessment Program: Technical Note: The Swiss Banking System: Structure, Performance, and Medium-Term Challenges

1CHEEA2007004 Image
Price:  $18.00

Release Date: © June, 2007
ISBN : 978-1-45180-734-9
Stock #: 1CHEEA2007004
English
Stock Status: On back-order

Languages and formats available

EnglishFrenchSpanishArabicRussianChinesePortuguese
PaperbackYes
PDFYes
ePubYes
MobipocketYes

Description

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.




More publications in this series: IMF Staff Country Reports