Cantonal establishments show a leap of 4.4% in balance sheets and the Raiffeisen group an increase of 10.2%, reports the SNB.
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Cantonal establishments and Raiffeisen banks are the big winners of 2019, according to a report by the Swiss National Bank (SNB) published on Thursday. For their part, listed banks and private bankers have lost ground.
On a total of the balance sheets of the resident banks of 3317.6 billion francs (+ 2.9%), the cantonal establishments show a jump of 4.4% or 26.4 billion francs and the Raiffeisen group an increase of 10, 2% or 23.0 billion.
Banks listed on the stock exchange have seen the aggregated sum of their balance sheet contract by 2.2% or 5 billion francs, while private bankers show a decline of 9% or 0.6 billion francs.
As for the big banks, they are sailing in the positive for the same indicator, but in a much more modest way, the increase being 1.3% or 19.9 billion francs.
Side mortgage loans in Swiss accounts, it is once again the cantonal banks which stood out, marked by a jump of 4.2% or 15.7 billion francs.
Measured at the cantonal level according to the place of the pledge, Zurich ranks at the head of mortgage loans (18.9%), ahead of Bern (10.4%), Aargau (8.6%), and Vaud (8.5 %), first French-speaking canton, in 4th position.
In total, the staff of Swiss banks (106,084 full-time equivalents, FTE) decreased by 1,130 in Switzerland and by 175 abroad.
This decrease is largely explained by the fact that “the big banks have transferred certain positions to units in their group which are not included in banking statistics,” said the press release. Again, the cantonal banks win the gold palm of employment with 228 FTE.
The share of women working in the Swiss banking sector is increasing slightly, to 40%, against 39.5% in 2018, confirming the trend of recent years, notes the Employers Association Employers Banks.
In 2018, Switzerland still had two more banks than in 2019 with 246 establishments, against 248 respectively.
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