Etienne Kiss-Borlase analyzes the best Swiss institutions in the past fiscal year.

1. TOP SWISS
FINANCIAL
INSTITUTIONS OF
2016
ETIENNE KISS-BORLASE

2. Financial crisis has triggered a wave of new regulations in
Switzerland in the recent past. Besides stability for the overall
economic system and customer protection, the ongoing reforms are
a reaction to harmonize Swiss regulations with existing and future
EU regulations and international restrictions. These changes in the
regulatory framework have been coupled with a variety of legal
developments, especially in international tax matters.
Banks in the Switzerland are facing a lot of pressure due to these
legal and regulatory developments. These amendments have led to
increased reporting burdens. Tough international capital and
liquidity regulations have led to increased costs of a bank’s capital
as well as long-term funding.
The following are the top Swiss Financial institutions:

3. CIM
Bank
CIM Bank is a private bank founded in
Geneva in 1990. The bank serves private
customers, institutions, and corporations
around the world. Located in Geneva,
Wollerau, CIM Bank has over 103 employees
and controls Primorska Banka. The bank is
engaged in asset management, online
trading, investment banking, and wealth
management. It is regulated by FINMA and
also a member of the SIX Swiss exchange
and Swiss Bankers Association.
Accounts
-Current accounts
-Deposits accounts
-Professional accounts

4. Vontobel
Bank
Vontobel is a privately owned Swiss bank
headquartered in Zurich. It was established
in 1936 with over 1400 employees globally.
Vontobel Bank specializes in asset
management for institutional investors and
private customers, wealth management, and
investment banking. Vontobel, with over 20
international branches, registered around
CHF 187 billion of client assets as of 31
December 2015.

5. Migros
Bank
Migros Bank was founded in 1958 with over
67 branches in Switzerland. The bank was
founded by Gottlieb Duttweiler. The bank
registered a balance sheet of CHF 42 billion
and an income of CHF 226 million in the last
financial year.

6. WIR
Bank
The WIR Bank, which was formerly known
as the Swiss economic Circle, is an
independent complementary currency
system serving businesses in manufacturing,
construction, hospitality, professional, and
retail services. WIR bank manages a private
currency termed as the WIR Franc. The
private currency is used in combination with
the Swiss Franc to produce dual-currency
transactions. However, the WIR Franc is an
electronic currency in clients’ accounts,
therefore, no paper money.

7. Alternative
Bank
Schweiz
Alternative Bank Schweiz, abbreviated
ABS, is a sustainability-oriented financial
institution headquartered in Olten,
Switzerland. It was founded in 1990 by a
number of organizations, various charities,
and unions, for instance, World Wide Fund
for Nature.

8. Union
Bancaire
Privee
Union Bancaire Privee was founded in 1969
by Edgar de Picciotto. The bank is one of
the highly capitalized private banks in
Switzerland with CHF 113.5 billion assets.

9. ETIENNEKISS-BORLASE.NET
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