Mission Statement
Our mission statement sets out what the Swiss Bankers Association stands for. It explains the origins of our Association, our vision and how we act in the interests of a strong banking centre.
WHO WE ARE
As the umbrella association of banks in Switzerland, the Swiss Bankers Association (SBA) brings together some 265 member institutions and over 10,000 individual members from the various bank categories as well as other financial service providers. We represent the Swiss financial centre’s interests vis-à-vis politicians, authorities and the general public.
The SBA was founded in Basel in 1912 and now has offices in Basel, Zurich, Bern and Geneva. Over 800 experts and specialists from member institutions formulate broad-based positions within our various committees and commissions, supported by a staff of around 55 (full-time equivalents) in our offices.
OUR VISION FOR 2030
“Our aim is a strong banking centre that inspires and connects through diversity and innovation, is an international leader rooted in Switzerland and one of the most attractive employers.”
In pursuing this vision, we systematically focus on the following aspects:
- Competitive frameworks: We are committed to supporting entrepreneurial freedom, open markets and competitive frameworks that create scope for innovation and growth.
- International growth: We make the Swiss financial centre more competitive globally while upholding traditional Swiss values such as quality, stability, legal certainty and openness to the world.
- A strong, diverse banking sector: We promote an innovative and diverse banking sector that contributes to a thriving and open national economy.
- Training and professional development: We help bank staff to develop their specialist skills, support academic research and teaching in banking and finance and promote executive education – in particular through the Swiss Finance Institute, a foundation funded by the SBA, our members and SIX Group.
- Financial expertise and dialogue: We share knowledge about financial services and the financial centre’s importance for the economy and society.
OUR MISSION
“Speaking with one voice, we create an environment for a strong, stable and diverse banking centre that forms a vital pillar of a future-proof economy and lasting prosperity.”
The following principles guide us towards fulfilling our mission:
- Effective lobbying: Through open and constructive dialogue with politicians, authorities and the general public as well as intensive networking with friendly associations and institutions in the world’s leading financial centres, we lobby effectively on behalf of the banking sector and play an active role in shaping the relevant frameworks. In doing so, we enhance the Swiss banks’ business prospects.
- Responsible governance: We campaign for a liberal but socially responsible economic order that adequately serves the interests of all stakeholder groups. We adhere to the very highest industry standards for responsible, professional governance in everything we do.
- Customer focus: Our self-regulation lays down strict standards in terms of professionalism, business conduct and the avoidance of conflicts of interest. Customers’ needs as well as those of our members are always taken into account.
- Protecting privacy and the integrity of the financial system: We defend the right to privacy, which applies universally in Switzerland and is an obligation for the country’s banks. At the same time, we are committed to combating misuse of the financial system and work together with authorities in the context of judicial and administrative assistance.
- International standards and robust supervision: We support regulation that is compatible with internationally recognised standards and an effective supervisory authority that operates on equal terms with the world leaders in the field. International standards should be implemented rigorously, not in isolation but through coordination with key rival financial centres to preserve Switzerland’s competitiveness.
- Paramount importance of self-regulation: We favour self-regulation over state regulation wherever it produces equivalent or better results. We firmly believe in the Swiss principle of self-regulation enforced by FINMA.
Strategic priorities
Our values