Archive – Banking & Fintech

Microcredit changes lives in India

This content was published on Oct 10, 2005 swissinfo’s Faryal Mirza went to the Indian state of Andhra Pradesh to meet families whose lives have been changed by Basix, a Swiss-backed organisation. The drive along Highway 9 is smooth with tufted hills lining the view and terracotta boulders showing through the vegetation. As we drive to Nalgonda district, we see children dressed in…

Swiss lend India microfinance know-how

This content was published on Oct 10, 2005 The Swiss Agency for Development and Cooperation has been active in India for more than 40 years and partners three local organisations bringing financial services to the poorest of the poor. Microcredit refers to a small loan, the likes of which have helped would-be entrepreneurs set up businesses in mostly developing countries. It is estimated…

WTO talks gather pace ahead of summit

This content was published on Oct 10, 2005 Swiss officials hope the move will help break the current impasse over agriculture and pave the way for a global WTO deal on lowering trade barriers. Trade ministers from at least 16 countries are scheduled to meet in Zurich on Monday at the request of the United States trade representative, Rob Portman. Economics Minister Joseph…

Swiss seeks savings with new regional carrier

This content was published on Oct 9, 2005 Swiss, which is being acquired by Germany’s Lufthansa, is under pressure from its new owner to cut costs. The Swiss board approved the creation of Swiss European Airlines recently. The company name was registered with the authorities in September, and a request for an airline operating certificate has been lodged with the Federal Office for…

Geneva seeks end to political logjam

This content was published on Oct 8, 2005 Beneath the surface of its well polished international veneer, Geneva is struggling to cope with a chronic housing shortage, high unemployment and crippling finances. Political paralysis set in four years ago when the Left lost control of parliament as the rightwing Swiss People’s Party made a grand entry, winning ten seats. Since then both the…

ICRC links up with the business world

This content was published on Oct 8, 2005 It is the first time that the ICRC has established a long-term partnership with the private sector. The support group is part of a long-term aim to diversify the organisation’s funding sources. Each of the seven founding members of the group has pledged to give at least SFr3 million ($2.35 million) to the Geneva-based ICRC…

Swiss jobless rate causes some concern

This content was published on Oct 7, 2005 However, officials said that unemployment still remained low compared with other European countries. Last month the registered unemployment rate remained stable at a non-seasonally adjusted 3.6 per cent, said the State Secretariat for Economic Affairs (Seco) on Friday. On a seasonally adjusted level it was also unchanged at 3.8 per cent. “210,999 people were registered…

Economists give less optimistic outlook

This content was published on Oct 6, 2005 Latest figures for the country’s economy are in line with predictions of banks and research centres. Experts said the sluggish world economy and high petrol prices were likely to affect the country’s export-oriented business. KOF said the Swiss economy had so far successfully managed to absorb the high prices for petroleum products, but it warned…

Bank seeks to attract wealthy clients in Italy

This content was published on Oct 6, 2005 Renewed speculation in financial circles of a possible sale of the bank to an Italian rival proved inaccurate. Banca del Gottardo announced on Thursday it had appointed Rolf Aeberli as its new chief executive. He is currently finance head at Switzerland’s Julius Bär private bank and will replace Banca del Gottardo’s CEO, Marco Netzer, from…

Brussels says no to gene technology ban

This content was published on Oct 5, 2005 On Wednesday the ECJ threw out an application from the Austrian province of Upper Austria for a moratorium. The Austrian province was hoping to achieve exactly the same goals as the Swiss campaign. They wanted a ban on the cultivation of genetically modified organisms (GMOs) in agriculture for several years. Supporters want to protect conventional…

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Archive – Banking & Fintech

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Archive – Banking & Fintech

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Microcredit changes lives in India

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Swiss lend India microfinance know-how

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WTO talks gather pace ahead of summit

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Swiss seeks savings with new regional carrier

More

Geneva seeks end to political logjam

More

ICRC links up with the business world

More

Swiss jobless rate causes some concern

More

Economists give less optimistic outlook

More

Bank seeks to attract wealthy clients in Italy

More

Brussels says no to gene technology ban

Popular Stories

Most Discussed