Press Release - Banks in Switzerland, 2015 edition Results from the Swiss National Bank’s data collection
Changes This 100th edition of Banks in Switzerland moves to a new format for the Swiss National Bank’s (SNB) traditional presentation of the banking year. The Banks in Switzerland 2015 report, supplemented with charts and tables, is available on the SNB’s website. Now, the data, and the methodological basis and explanatory notes, are being released on the SNB’s data portal (data.snb.ch). From there, users can retrieve data on selected topics in the form of configurable tables, and can access, for the first time, comprehensive datasets of annual data (cf. further information, p. 4). This represents a significant expansion of the data that the SNB makes available to the public.
Summary of the 2015 banking year1, 2
In 2015, 228 of the 266 banks in Switzerland recorded a profit, taking total profit to CHF 19.6 billion. The remaining 38 institutions recorded losses totalling CHF 3.8 billion. The result of the period for all banks was thus CHF 15.8 billion. The profits were primarily attributable to high extraordinary income.
The aggregate balance sheet total declined slightly. On both the assets and the liabilities side, the value of domestic business grew in importance compared to foreign business. On the assets side, domestic mortgage loans continued to rise (up 2.6% to CHF 924.7 billion). On the liabilities side, customer deposits registered an overall decline (down 2.2% to CHF 1,723.3 billion). Customer holdings of securities in custody accounts decreased slightly from the record level reached in 2014 (down 1.0% to CHF 5,587.9 billion).
The decline registered since 2008 in fiduciary funds administered by the banks continued, albeit less strongly than in previous years (down 1.6% to CHF 113.2 billion). The banks reduced staff numbers by 1,401 to 123,889 employees (full-time equivalents). The majority of staff reductions occurred in Switzerland (down 1,012 employees).
Banks in Switzerland 2015
page source https://www.snb.ch/en/
