Efficient and discrete
The excellence of the banking and financial services available in Switzerland enables companies based here to enjoy highly efficient solutions for funding, money transfers, financial and wealth management, and tax advice.
Switzerland is home to 370 financial institutions and 130 foreign banks, all strictly controlled and supervised by the Swiss Federal Banking Commission.
It also has a stock market, the SWX, where blue chips are traded.
The Swiss banking system offers:
- excellent financial stability,
- government supervision of the solidity of financial institutions,
- a high level of transparency,
- highly efficient solutions, and
- banking secrecy rules that make it an offence to violate the principles of professional confidentiality and protect every bank client, no matter whether Swiss or foreign, an individual or a company.
The canton of Vaud has 225 banking outlets, including branches of the biggest Swiss banks, several foreign banks and numerous wealth management institutions.
Banque Cantonale Vaudoise (BCV) enjoys a special place in this landscape. Its mission is to support and finance the canton’s economic fabric without focusing solely on profit.
BCV offers the full range of banking and financial services, including credit and financing specifically for companies based in its territory.
The canton of Vaud also plays host to numerous venture capital specialists and organisations, and specialists in commercial lending to companies export finance.
Another major advantage for the canton of Vaud is its proximity to Geneva, the leading light in wealth management. While Switzerland manages 30% of global offshore wealth for private clients, Geneva is the home and hub for the management of this international capital. It acts like a genuine point of reference in the eyes of other financial centres. This is where the two big Swiss banks, the leading fund managers in Europe, manage their biggest asset volumes. This major financial centre is right on Vaud’s doorstep.