Comparison

Money in Swiss Banks, USA #2, China #26, India #70

The largest amount of documented money in Switzerland’s banks comes from the United Kingdom, about 295 billion Swiss francs, or 22 percent of the total

The United States ranks second, China comes in at 25th and India is now ranked 70th with “just”  1.34 billion Swiss francs reported, a number that has declined sharply, by 5 billion Swiss francs in the last seven years.

Note that havens such as Jersey, Guernsey. Bahamas and the Cayman Islands figure very high on the Swiss list and much of that money could be from other sources, since these countries do not have much of their own wealth. Also the funds represent only  direct liabilities towards clients from  include funds held in savings and deposit accounts by individuals, financial institutions and companies, but not any that may be held in the names of third parties or stored in cash or other forms in safe deposit boxes.

Last updated: October 26th, 2022

About Amritt

Who We Are

Amritt Inc. is a management advisory service facilitating trade between the world and India. Amritt was founded in 2003 and since then it has provided guidance to western companies in entering new markets, global strategy execution, finding and managing supplier partners, and establishing overseas offices. Our primary focus is in helping American, Canadian and European executives to attain success in India.

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