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Swiss banks reject one in three applications for credit
2025-09-11
In 2024, 35.5% of consumer credit applications were rejected by lending institutions due to solvency problems. This is a record high and is significantly higher than the previous year’s rejection rate of 30.8%, says the comparison portal Kreditvergleich.ch. The analysis is based on data from the Swiss central registry for credit information. +Get the most …
Global banks rush to fill Credit Suisse void for Swiss SMEs
2025-09-07
Global banks including JPMorgan, Bank of America and Deutsche Bank are stepping up an effort to serve Switzerland’s small and mid-sized companies, as they look to fill the void left by the collapse of Credit Suisse. +Get the most important news from Switzerland in your inbox Credit Suisse — which was one of the country’s …
Switzerland seeks improved tariff deal with US
2025-09-05
Swiss Economics Minister Guy Parmelin has flown to the United States with a new offer to resolve the customs dispute between the two countries. +Get the most important news from Switzerland in your inbox The purpose of Parmelin’s short notice mission was confirmed by Foreign Minister Ignazio Cassis. “We have drawn up an optimised offer …
Swiss olive cultivation to get a boost thanks to warm weather
2025-07-15
More and more farmers in French-speaking Switzerland see climate change as an opportunity for olive cultivation: the number of such trees could double to 20,000 by the end of 2026, surpassing that of Italian-speaking Ticino. Because of the rising temperatures, olive trees are also growing in regions where it was previously unthinkable. An association of …
Swiss weapons exports grew 20% in first half of 2025
2025-07-08
Switzerland exported more than 20% more war materiel in the first half of 2025 compared to the same period last year. +Get the most important news from Switzerland in your inbox The State Secretariat for Economic Affairs (Seco) reported around CHF358 million worth of military equipment exports. Among the buyers of Swiss military equipment were …
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