Switzerland facts & figures
It isn't a part of the EU. The established currency is the Swiss Franc. It sits within the Central European Time (CET) time zone.
Switzerland’s finance centre even though it is land locked is like an offshore financial jurisdiction -- incorporating equally a minimal tax system with operating a large financial hub. Around 5.6% of the entire Swiss labour force is employed in the banking sector.
Metropolises of Zurich and Geneva are the nation's financial hearts since it is where the most of Europe’s private bank head offices can be found. Switzerland based banking institutions carry approximately 35% of the globe's private as well as institutional funds (or 3 trillion Swiss francs). The apparent strategic development areas for the nation consists of :
- Wealth Management
- Fund Management
- Fund Administration
- Private Banking