Location | General Information | Political, Economic and Social System | Services of And Private Wealth
Geneva is one of the main cities in Switzerland, a small country located in the centre of Europe. The city, like the rest of the country, has excellent communication systems with an international airport, an effective railway network and modern and effective road networks, which allows them to supply the main neighbouring countries: Germany, France, Italy and Austria. This gives Switzerland a strategic importance with the link between the North and South of Europe.
- Official Name: Confederatio Helvetica.
- Capital: Bern.
- Other important cities: Geneva, Zurich, Basel and Lausanne.
- Area: 41,500 km2
- Population: 7,200,000.
- Official Languages: German, French, Italian and Romansh.
- Currency: Swiss Frank.
- Climate: Varied climate, depending on the altitude, varying from the Mediterranean climate, continental dry to Mountain top climate.
Political, Economic and Social System
Switzerland is since 1848, a federal state made up of 26 cantons which, in reality, are defined as authentic sovereign “republics”.
The Swiss economy is not based on the massive production or offer, the high level of employment and specialization are its differentiating traits. The main sectors are: tourism, technology, pharmaceutical industry, and biotechnology and Financial services.
Within the financial sector, Switzerland manages about 35% of the private and institutional fortune in the world. It has more than 121 banking institutions, 80 of which are foreign, within this percentage, about 40% of the managed assets are controlled directly or indirectly from Geneva, giving this location a dynamic and a key importance which is reflected in the density and the diversity of the financial institutions that makes it up: banks, fiduciaries, accounting experts, brokers, fortune managers, notaries and lawyers.
Thus, the structure created in this environment offers significant traits which accentuate its optimal functioning:
- Banking secrecy.
- Strict regulation and supervision infrastructures.
- Adherent to international practices yet conserving the integrity of the sector.
- Easy and personalized contact.
- Operational base of the world prestigious institutions.
Services of And Private Wealth
And Private Wealth is a managing entity, 100% subsidiary of Andbanc Grup Agricol Reig, and is the first entity of total Andorran capital in Switzerland. Represents a solution of diversification and management, with great added value.
And Private Wealth offer the possibility of optimising the tax and wealth position in a financial centre with international prestige, making a centralised patrimony management with independent criteria, and using our reaction capacity and freedom of action.
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